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

WATCH: How will buyer’s agents make money if the DOJ wins?

The ongoing lawsuits and investigation into U.S. industry practices could alter how buyer’s agents make money on the typical home sale, panelists said earlier this month at Inman Connect Las Vegas. Continue reading

Pending home sales post modest decline in July after a rocky June

Pending transactions were down 19.9 percent year over year, but just 1 percent month over month, according to data released Wednesday by the National Association of Realtors. Continue reading

Agent pleads guilty for Capitol riot, another keeps her real estate license

Agents Katherine Schwab, Jenna Ryan and Jason Hyland flew on a private plane to Washington, D.C., and “stormed the Capitol.” Ryan remains a Realtor after her conviction and prison term. Continue reading

Revive Real Estate hires former NAR incubator executive

Real estate venture capitalist Kia Nejatian joins the renovation startup as the company anticipates growth in a buyer’s market. Continue reading

Existing home sales drop for 6th straight month: ‘Not a recession’

“Inventory remains tight and prices continue to rise nationally with nearly 40% of homes still commanding the full list price,” said NAR’s Chief Economist Lawrence Yun. Continue reading

Real estate agent charged in Capitol attack gets 36 months of probation

John MacMillan Cameron, of Port Orchard, Washington, pleaded guilty to a misdemeanor and admitted his participation in the riot as part of a plea agreement, according to court documents. Continue reading