Court orders REX to give Zillow list of employees who kept laptops

Zillow had emphasized that the information contained on the laptops of REX’s former employees could potentially point to other reasons for REX’s downfall unrelated to Zillow or NAR. Continue reading

Anywhere fights sellers’ bid to give up docs on NAR commission rule

A federal court will hold oral arguments later this month on whether the franchisor’s implementation of the policy nationwide is relevant to the homesellers’ case in the MLS PIN service area. Continue reading

Real estate trade groups prod Biden to cut annual FHA premiums

The NAR, MBA and NAHB argue that the Federal Housing Administration is flush with cash, and that delinquency rates on FHA loans have returned to pre-pandemic lows. Continue reading

These 12 startups will go head-to-head at NAR’s ‘Pitch Battle’

Contestants offer tools for virtual agent coaching, real estate investing, floor plans, inspections, property co-ownership, secure document storage, rentals, home renovation and agent finances. Continue reading

Housing inflation isn’t slowing yet. And it may prove tough to tame

The slowing housing market has yet to significantly reduce costs for most Americans. But economists believe more rate hikes may be on the way. Continue reading

Real estate broker drops NAR listing attribution suit to avoid sanctions

Antitrust case filed by Arizona broker Grady Hillis is now dead. The National Association of Realtors insisted the lawsuit was “frivolous,” “meritless” and “recklessly thrown together.” Continue reading

Zillow to REX: Let’s unite against NAR’s ‘no-commingling rule’

A legal battle of wills rages on as the three parties have motions to compel pending before the court. On Tuesday, REX pushed back against Zillow’s motion to compel, calling it a “fishing expedition.” Continue reading

What does ‘housing recession’ even mean? Economists don’t really know

The phrase “housing recession” has exploded in popularity, according to an analysis of search terms. But pinning down what it means and where it originated is surprisingly difficult, experts told Inman. Continue reading

Colorado MLS first to rescind controversial listing display rule

After nearly two decades, REcolorado has eliminated NAR’s optional no-commingling rule, which is the subject of an antitrust lawsuit. Continue reading

Zilllow seeks court order over REX laptops allegedly kept as ‘severance’

Zillow on Friday filed a motion to compel REX to identify employees who left the discount brokerage with laptops that could hold evidence relevant to an ongoing antitrust lawsuit. Continue reading