The portal giant countered arguments Compass had made in its complaint alleging antitrust activity and more, and asked the court to deny a request for a preliminary injunction that would prevent enforcement of Zillow’s new listing standards. Continue reading
The court determined that Homie’s claims were no longer timely, that it failed to make a case for antitrust injury and that it did not provide enough evidence to prove wrongful interference in its business dealings. Continue reading
Why are active homebuyers now ready to list their old properties? The reasons vary by individual but also display some regional trends that track with the national inventory recovery, the Inman-Dig Insights survey found. Continue reading
The median home sale price ticked up to $399,633 as pending sales saw a 3.5 percent drop annually. Still, mortgage applications, home touring and Google searches for “homes for sale” increased, in a positive sign for sellers. Continue reading
Delistings outpaced inventory growth in June even as price cuts surged, showing that a growing number of sellers are unwilling to compromise when it comes to their selling goals. Continue reading
The FHFA HPI rose 3 percent on an annual basis in April, while the S&P CoreLogic Case-Shiller Index posted a 2.7 percent annual gain. Continue reading
The antitrust suit, filed Monday in the Southern District of New York, accuses Zillow of using anticompetitive behavior to “protect its monopoly and revenues in violation of the antitrust laws.” Continue reading
The new policy was signed into law by Governor Maura Healey during the first week in June and is included in the state’s larger Affordable Homes Act. The law will apply to sales after Oct. 15, 2025. Continue reading
The federal law enforcement agency withdrew objections to a fourth proposed settlement between plaintiffs and MLS PIN Tuesday, but cautioned that the MLS was not immune to future legal action. Continue reading
The fourth amended settlement, if approved, would prohibit offers of cooperative compensation on MLS PIN’s platform and raises the total proposed settlement fund from $3 million to $3.95 million. Continue reading