Appeals court denies NAR rehearing request of DOJ probe

The latest order by the Court of Appeals in Washington, D.C., means the DOJ is free to reopen its investigation into the National Association of Realtors. Continue reading

‘It’s finally happening.’ Cooler inflation opens the door to rate cut

Overall inflation rose just 3 percent on an annual basis in June, according to Bureau of Labor Statistics. The 10-year Treasury yield, an indicator of mortgage rates, plummeted on the news Thursday. Continue reading

NAR chief economist predicts 6% mortgage rates. Is this the time?

NAR Chief Economist Lawrence Yun told CNBC he expects mortgage rates to settle around 6 percent, a prediction he’s made before. A look back at two years of his forecasts amid a chaotic economy. Continue reading

Andy Florance calls Realtor.com lawsuit ‘PR stunt,’ talks future

Florance says Realtor.com lawsuit against CoStar is a response to Homes.com surpassing it in web traffic and takes aim at Zillow. Continue reading

Lamacchia Realty buys Berkshire Dream Home in Massachusetts

The deal marks the seventh purchase in 12 months for Massachusetts-based Lamacchia Realty as it signals acquisitions across New England in 2025. “I want to triple that in the next 12,” CEO says. Continue reading

Kevin Sears opens up about NAR, the DOJ and a hectic year of travel

In his six months as president, Sears has racked up time in Washington with the DOJ, focused on the trade organization’s future and traveled — a lot. He shared his takeaways with Inman ahead of ICLV. Continue reading

Realtor.com parent sues CoStar Group, claiming theft of portal data

“Competitors should never be allowed to cheat and steal to get ahead,” Move, Inc. attorneys claim in a new suit alleging an ex-Realtor.com employee maintained access to the data while at CoStar. Continue reading

REColorado unveils interim CEO amid rocky ownership change

The MLS is separating from ties with Realtor organizations by selling to a newly formed private company. Broker Larry D. McGee will serve as interim CEO. Continue reading