Author Archives: Lillian Dickerson

NWMLS wants to use a Zillow ruling in its battle with Compass

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The Seattle-based MLS argued that a ruling in a case involving Zillow has parallels to its own legal battle against Compass. Continue reading →

Mortgage applications saw healthy boost during sub-6% rate week

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Buyers responded with enthusiasm to a dip in mortgage rates last week, but this week’s rate spikes and conflict in Iran could lead to a downturn in mortgage applications in weeks to come. Continue reading →

Mortgage rates surge upward amid Iran conflict

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After a week in which the average 30-year fixed-rate mortgage rate fell below 6 percent for the first time in more than three years, rates reversed, hitting 6.15 percent on Tuesday in response to overseas conflict. Continue reading →

New anti-money laundering rule for cash purchases is now in effect

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Under the new rule, when a legal entity or trust purchases a piece of residential real estate without the use of financing, closing or settlement agents must report details of the transaction. Continue reading →

How an agent built a mom network — and a $100M real estate business

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By digging into her interests, finding a niche and working her sphere, Megan Sullivan became one of Greenwich’s top-earning agents, highly regarded for her off-market deals. Continue reading →

California housing: A ‘caste system defined by family wealth?’ Analysts respond to report

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Analysts and housing experts this week balked at what some called California’s “landed gentry” system for passing property down to younger generations. Continue reading →

Prosecutors intend to drop 2 charges against Alexanders as defense readies arguments

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The two counts are related to alleged victims who had planned to appear in court, but never did. This week, the defense is expected to begin its case. Continue reading →

Compass posts ‘strongest Q4 results in our history,’ but feels the weight of merger costs

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Despite gains in revenue, agent count and gross transaction value, Compass also grappled with a $42.6 million net loss in Q4. Continue reading →

EXp seeks move to Texas after Delaware judge allows sexual assault case to move forward

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A Delaware judge allowed sexual assault claims to proceed against Sanford and other members of eXp’s board, and just six weeks later, the company filed paperwork to establish an April vote on moving incorporation to Texas. Continue reading →

Arizona family wins Redfin’s $1M home in digital scavenger hunt

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An Arizona man, his wife and their 7-month-old daughter have become winners of Redfin’s Great American Home Search, a contest to locate and win a $1 million home, which Redfin launched on Super Bowl Sunday. Continue reading →