Redfin Faces Class-Action Lawsuit Over September Data Breach
On Oct. 14, a former employee filed a class-action lawsuit against the tech-based brokerage and listing platform Redfin—and its parent...
News
Court Report: Compass and CRMLS at Bat; eXp Settles Sexual Assault Case
Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around...
Housing Starts Decline as Builders Forecast Lower Production Into Next Year
As homebuilder confidence has now bottomed out to a 12-year low, the housing construction industry continues to face a series...
Pending Sales Drop Dramatically as Economists Blame High Rates and Season Slowdown
As the housing market begins to wind down for the cold season, pending home sales are also showing the impact...
Side Joins HouseCanary’s Google Listings Program
Housing data company HouseCanary announced on Oct. 20 that Side has joined its Google Listings Program. Under the agreement, the...
Third MLS Rejects Compass, Claims MLSs Have Law on Their Side
A third MLS today publicly rejected threats from Compass over listing rules, as New York-based OneKey MLS joined CRMLS in...
Builder Incentives Are Changing the New Construction vs. Resale Conversation
Many homebuyers assume a brand-new home will automatically cost more than a resale home. In today’s market, that isn’t always...
elevateMLS Launches Home Search Website Built on MLS Data
Colorado Springs-based elevateMLS has announced the launch of a new consumer website where homebuyers and sellers can search listings straight...
NAHB Reports Lowest Builder Confidence in 14 Years
The monthly National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) for builder confidence fell three points to...
3 Biggest Takeaways From Compass’s Lawsuit Against CRMLS
In an entirely expected move last Friday, Oct. 16, Compass filed a federal antitrust lawsuit against California-based CRMLS, asking a...
Five Terms Buyers Must Discuss With You Before Signing
“Once a client finds a house they really want, decisions start moving quickly,” says one real estate broker. “It is much easier to understand the fee, the services and the expectations before they are ready to make an offer.” Read more.
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