Lawsuits pile up against EasyKnock
Trouble is growing for EasyKnock in the state of Texas as the sale-leaseback proptech faces mounting lawsuits from frustrated customers who felt misled by the company, a recent NPR investigation found.
Move sues CoStar, alleges employee ‘spied’ to boost Homes.com
Move lawyers claim that after being hired by CoStar, Kaminsky continued to log into and access important, confidential information and trade secrets related to Realtor.com's content, editorial strategy, staff and audience.
Can Costco help fix the housing shortage?
New renderings of a mixed-use development for the Baldwin Village neighborhood with a Costco and 800 apartments over the top and adjacent to a warehouse store at 5035 Coliseum Street emerged this week, SFGate reported, signaling new signs of life for the proposal, which was first hinted in January 2023.
Mortgage rates back up after 4 weeks of declines
The latest Redfin report, which tracks data on four-week rolling averages, noted that new listings increased 9.9% year-over-year, which is the highest level in two months.
Agents ‘have to show up’ in post-settlement world
After decades of talk about raising the level of professionalism among agents, this is "where the rubber is going to hit the road," said panelist Matt Hendricks, a licensed broker in four states and senior director of industry affairs for Zillow.
REcolorado confirms interim CEO, new board
What the associations had to say: DMAR and SMDRA doubled down on their previous statement that selling now will increase protections from commissions lawsuits and affirmed their commitment "ensuring that there will be no disruptions during or after the finalization of this sale," they said in their own new FAQ.
First-time buyers face stamp duty hike under Labour – how much will it cost to get on the property ladder?
“The fact that so far Labour haven’t matched the Conservatives’ policy to make the current higher Stamp Duty thresholds more permanent, will be worrying many first-time buyers hoping to get on the ladder in the next couple of years,” says Reallymoving chief executive Rob Houghton.
Little chance of an inventory explosion this year
The June 28 webinar featured analysis from Mike Simonsen, founder of Altos Research, and Daren Blomquist, vice president at Auction.com.
People on the Move: KW promotes execs across 3 divisions
Armstrong and Greg Schwartz, both former Zillow executives, launched the mortgage startup — which recently expanded into the home search portal space — with the goal of automating and streamlining the lending process for consumers.
New efforts to derail brokerage settlements, dismiss buy-side case
According to the defendants, the only allegation connecting their claims to Illinois is a general nationwide conspiracy to fix real estate commission prices, something that was rejected by Judge Andrea Wood when dismissing HomeServices.
How much do buyers care about mortgage rates?
The summer months are typically a prime season for home sales, but as prices continue to reach record highs and mortgage rates seem stuck near the 7% mark, buyer and seller activity has been low to average, agents in a recent Bright MLS survey reported.
REcolorado board removed as buyer is unveiled
"Coupled with the response of the REcolorado board of directors over the past several days we have reached this decision which we believe is in the best interests of our collective membership, our long-term ownership and operational goals," DMAR and SMDRA said Friday.