Zillow partners with Moody’s on multifamily rental data

The partnership will give larger multifamily rental operators access to Moody’s data on topics such as rents, vacancies and inventory. Continue reading

DOJ urges court to overturn judgment in REX v. Zillow

“The judge’s decision created a loophole that could allow associations to sidestep antitrust scrutiny by cloaking restrictive rules as optional,” the DOJ’s filing states. The brief may give REX a new leg up in its case. Continue reading

Median home sale price in US rises to record high as transactions dip

The median sale price for an existing home in the U.S. has grown to a whopping $419,300 — the highest since NAR began tracking the metric — following 11-consecutive months of price gains. Continue reading

Housing starts plunge 5.5% in May as homebuilders act with caution

Construction starts on new housing units dropped 5.5 percent to a seasonally adjusted annual rate of 1,277,000 —  19.3 percent lower than levels in May 2023, according to U.S. Census data released Thursday. Continue reading

Mark your calendars: DOJ set to weigh in on multiple antitrust cases

At Inman Connect Las Vegas, July 30-Aug. 1, 2024, the noise and misinformation will be banished, all your big questions will be answered, and new business opportunities will be revealed. Join us. Mark your calendars: The U.S. Department of Justice will… Continue reading

Artificial intelligence is the all-in-1 tool real estate desperately needs

Using artificial intelligence, the latest technology represents an opportunity for the real estate industry to rebrand itself at a time when solutions are sorely needed, writes Inman founder Brad Inman. Continue reading

Andy Florance talks Homes.com, the fallacy of ‘pure buyer agency’

CoStar Group founder and CEO Andy Florance shares the next chapter of Homes.com’s $1 billion marketing push and the fallacy of “pure buyer agency” as portals recalibrate their strategies amid a coming commission crunch. Continue reading

Zillow reaches preliminary settlement in MLS antitrust lawsuit

Zillow, Arizona Regional Multiple Listing Service, Metro MLS and MLS Aligned have reached a preliminary settlement in their antitrust case. Zillow claimed ARMLS and Metro MLS conspired to create a “monopoly” when they removed their deep integration wit… Continue reading

Time is of the essence with Zillow’s latest search filter

Thanks to Zillow’s commute time search filter, homebuyers can easily find listings anywhere from 10 to 60 minutes away from their job. The filter is available on Zillow’s mobile app. Continue reading