Here’s why price cuts are sweeping the country

Reports released on Thursday by Redfin and Realtor.com show that homesellers are increasingly motivated to sell, especially in lower price ranges and on single-family homes. Continue reading

Anywhere: The rise and fall of an industry giant

The cautionary tale of Anywhere is one of historic industry dominance, costly missteps and an inability to adapt in time, Sean Frank writes. Continue reading

FTC sues Zillow: A wake-up call for real estate agents and brokers

If you’re dependent on Zillow for lead gen, it’s time to build resilient funnels, own your data, and beef up your referral and content engines, Josh Ries writes. Continue reading

Rocket Companies closes Mr. Cooper acquisition

Rocket Companies has closed its acquisition of Mr. Cooper for $14.2 billion, according to an announcement on Wednesday morning. The final acquisition price is 51 percent higher than the $9.4 billion price tag announced in March, due to Mr. Cooper’s rec… Continue reading

Zillow bashes CoStar in request to transfer lawsuit

Amid an ongoing legal battle over listing photos, Zillow alleged that CoStar was attempting “to weaponize copyright litigation for competitive pressure.” Continue reading

In copyright battle with Zillow, CoStar says the portal giant ‘brazenly’ keeps at it

In an “update” the Homes.com parent company released on Tuesday regarding its lawsuit against Zillow, CoStar Group accused its portal rival of starting to use an additional 4,600 CoStar Group-watermarked photos on its website since the lawsuit was file… Continue reading

Is the mortgage lock-in effect ending? These numbers offer clues

The Federal Reserve’s decision to make a series of historic short-term rate cuts at the height of the pandemic has proven to be a double-edged sword, with the sharpest point being the percentage of would-be homesellers locked into their homes by 2 perc… Continue reading

Here’s what comes next in the Compass-Anywhere deal

The FTC and Department of Justice are expected to scrutinize the impacts of the deal — which would give the merged companies a combined market share of 18 percent Continue reading