Case-Schiller Index breaks all-time high as HPI appreciation slows

Figures in April 2024 for both indices suggested a strong market going into summer. Both the S&P CoreLogic Case-Shiller index and the FHFA HPI rose 6.3 percent on an annual basis. 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

DOJ inquiry delays settlement-related document rollout at CAR

The California Association of Realtors postponed the release of 21 forms this week after receiving feedback from members — and an inquiry from the U.S. Department of Justice. Continue reading

Entrata buys Colleen AI in bid for property management autonomy

Software company Entrata acquired its second company in a year with the acquisition of the rental industry’s Colleen, which provides artificial intelligence-based tenant communications and leasing operation support. Continue reading

Coldwell Banker bottles up top-producing wine country agent

Sonoma County-based Rob Sullivan most recently worked at Vanguard Properties, and spent several years at Coldwell Banker before that. Continue reading

‘Not warranted’: DOJ pushes back against NAR rehearing request

The U.S. Department of Justice on Monday argued NAR “does not identify any errors of law or fact meriting panel rehearing” over whether the antitrust enforcer can reopen its probe into NAR rules. Continue reading

AppFolio ships updates to improve resident experience

Heavily supported by AI, the end-to-end multifamily housing operating system rests on Realm-X, designed to flatten and integrate daily activities for institutional apartment owners. Continue reading

Confident in NAR settlement, Payload releases direct-to-buyer billing

Payload’s new tools give agents flexible ways to securely charge and claim funds from consumers that will emphasize flexible methods of payment, transparency, and brokerage-level oversight and reporting. Continue reading

Corcoran rolls out new AI software to help agents market listings

The new platform, Corcoran Copilot, is integrated with Corcoran’s listing databases and will initially help agents with developing materials like listing descriptions and video scripts. Continue reading