Mon.Jun 23, 2025

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Why it’s time to rethink the appraisal default in home equity lending 

Housing Wire

With mortgage rates still hovering near multi-decade highs, homeowners are opting to hold onto their ultra-low first mortgages. Instead of refinancing, they’re tapping into their equity through home equity loans and HELOC s to finance renovations, cover tuition, or consolidate high-interest debt. Lenders are stepping up with a broader menu of second-lien products to meet this growing demand.

Lending 372
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High rates, prices keep existing home sales muted

Real Estate News

Skip to Content Agents Brokerages MLS/Assn Tech Industry By the Numbers Consumer Shutterstock By the Numbers High rates, prices keep existing home sales muted Though there was an uptick in existing home sales as spring progressed, last month was still the slowest for the month of May since 2009. Dave Gallagher June 23, 2025 4 mins Key points: The seasonally adjusted annual rate of existing home sales came in at 4.03 million in May, which beat expectations but remained behind last year’s pace.

Sales 324
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Compass sues Zillow over private listings policy

Housing Wire

Compass , the largest real estate brokerage in the country by volume, has sued Zillow over its policy on private listings. Compass filed a lawsuit in New York on Monday, alleging that Zillow is breaking federal antitrust laws by permanently banning any listing that isn’t put on an MLS within a business day of being publicly marketed. “To protect its market dominance, Zillow has retaliated against competitive threats by enacting an exclusionary policy,” Compass argued in its lawsuit.

MLS 408
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Compass sues Zillow, escalating private listings fight

Real Estate News

Zillow is “abusing its monopoly power,” Compass CEO Robert Reffkin said. Zillow says its policy is designed to ensure homes are marketed to all consumers.

Design 304
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Welcome to the Future of Hospitality: Smart Rooms Start Here

Speaker: Jady West, VP of Hospitality & Chris Bennett, Head of Sales & Engineering

The modern hotel room is no longer just a place to stay—it’s an experience to remember. Today’s guests expect seamless 5G connectivity, personalized comfort, and high-tech convenience. From AI-powered smart room controls to in-room entertainment and app-based services, technology is redefining hospitality from the inside out. In this new session featuring industry pros Jady West and Chris Bennett, we’ll explore how high-speed, high-bandwidth connectivity powers the innovations that are enabling

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The mortgage market hopes for rate cuts amid war moves

Housing Wire

Global tensions between the United States and Iran have led many in the mortgage industry to wonder whether the bombing of Iran nuclear sites would move bond yields and lead to a drop in mortgage rates. On Monday, just as economists were factoring in the possibility of war with Iran, at least one member of the Federal Reserve signaled the chance of a July rate cut.

Mortgages 339

More Trending

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No hacks, just hustle: The truth about real estate success

Housing Wire

I’ve been in this business long enough to know the truth that most agents don’t want to hear: The road to real estate success isn’t paved with hacks or shortcuts. It’s built on consistency, accountability, and the willingness to do what’s hard, especially when you don’t feel like it. So let’s talk about what’s hard, and why that’s exactly where your breakthrough is hiding.

Agents 291
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Why Homeownership Is Going To Be Worth It

Keeping Current Matters

Life can feel a bit unpredictable these days. What’s happening with inflation? The economy? The housing market? But in the middle of all that uncertainty, there’s one thing a lot of people still crave – a place to call their own.

Marketing 244
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House passes abusive trigger leads ban

Housing Wire

The U.S. House of Representatives unanimously passed the Homebuyers Privacy Protection Act ( H.R. 2808 ) late Monday, bringing a national ban on abusive trigger leads one step closer to reality. The move was widely applauded by mortgage trade groups. The House’s action follows the U.S. Senate ’s approval of a similar bill (S. 1467) on June 13. Both bills prohibit companies from making credit offers unless the consumer has provided explicit consent or the offer comes from their mortgage originato

Mortgages 333
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Compass sues Zillow over private listings ban

Inman

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.

MLS 183
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The 2025 Real Estate Roadmap to Success

Don’t just react to changes, plan for them, so you can approach the new year with confidence, direction, and a competitive edge for your business. Having a well-defined business plan helps you chart a clear course, navigate challenges, and set a foundation for growth. This workbook gives you the key steps to outline what matters and will ensure you’re moving ahead.

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FICO to add Buy Now, Pay Later data to credit scores

Housing Wire

Fair Isaac Corp. (FICO) will incorporate Buy Now, Pay Later (BNPL) data into two of its credit scores set to launch in Fall 2025. The company, which owns the rights to the market’s most widely adopted consumer credit risk assessment methodology, announced the move on Monday. The change will provide mortgage brokers, loan officers and lenders with visibility into what has often been called “phantom debt” — installment loans that previously did not appear on borrowers’ credit reports.

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Judge whittles down Howard Hanna real estate commission lawsuit

Inman

No evidence of "horizontal agreement" among real estate brokerages to inflate commissions, but judge will hear arguments alleging a "vertical antitrust conspiracy" with NAR.

Brokerage 138
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The juiciest details in Compass’s lawsuit against Zillow

Housing Wire

Given the animosity between Compass and Zillow over the portal giant’s listing standards policy, it came as little surprise when the Robert Reffkin- helmed firm filed a lawsuit against Zillow Monday morning. While the complaint contains many of the anticipated claims , including that Zillow enacted the policy, which bans listings that are publicly marketed for more than 24 hours before being input into the MLS , to protect its bottom line and “market dominance,” there were some other intr

MLS 207
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Court Report: Private Listings Debate Enters Judicial Arena, Settlements Offered and Undone

RIS Media

The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Compass sues Zillow for antitrust violations around private listing policy Compass has as of Monday, June 23 filed a lawsuit against Zillow for the company’s new listing access standards rules, a policy (taking effect June… The post Court Report: Private Listings Debate Enters Judicial Arena, Settlements Offered and Undone appeared first on RISMedia.

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Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

Speaker: Abdi Ali, Sr. Lease Accounting Consultant

Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.

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Anywhere welcomes Barri Rafferty as chief communications officer

Housing Wire

Anywhere Real Estate has appointed Barri Rafferty as its new chief communications officer and head of public affairs. In this role Rafferty will lead Anywhere ’s public relations, communications, government relations, and events and productions functions. “I’m honored to take on a new challenge at Anywhere as it pursues its mission to provide a superior, end-to-end transaction experience for the millions of buyers and sellers following their homeownership dreams each year,” Rafferty

Branding 191
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Compass Sues Zillow for ‘Joint Boycott’; Accuses Redfin and eXp of Co-Conspiracy

RIS Media

The real estate battle continues. Compass has filed a sweeping federal antitrust lawsuit against Zillow, accusing the online listing platform of using its market dominance to crush competition and stifle innovation. Acknowledging how most buyers begin their search on Zillow, Compass said Zillow is protecting its market dominance with its Listing Access Standards—which are scheduled… The post Compass Sues Zillow for ‘Joint Boycott’; Accuses Redfin and eXp of Co-Conspiracy appeared first on

Marketing 103
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The concerning math behind aging-in-place

Housing Wire

Though more than half of Americans believe Medicare will cover long-term care expenses (58%), coverage is actually limited and short-term. Many families will need to adapt to rising healthcare costs, and it is a particular challenge as they seek to age-in-place in their home. That’s according to insurance company Nationwide ‘s 2025 Nationwide Retirement Institute Long-Term Care survey of U.S. adults age 29+ with household income north of $75,000.

Equity 248
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Anywhere names Barri Rafferty chief communications officer

Inman

The communications vet and former CEO will handle government relations, events and productions functions for the company and will report to CEO Ryan Schneider, Inman has learned.

Branding 154
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Driving Profit: 4 Pillars for Growing Your Real Estate Brokerage

In the rapidly changing real estate landscape, achieving profitability requires a strategic approach beyond traditional methods. Our guide, "The 4 Pillars to Brokerage Profitability," outlines four essential pillars for scaling your real estate business: a seamless lead-to-close technology ecosystem, tailored integrated solutions for teams and agents, value-added success services and community support, and consumer-centric operations throughout the full homeownership lifecycle.

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Why Most Broker/Owners Don’t Turn a Profit

RIS Media

Owning a real estate brokerage may seem like a lucrative business, but in reality, many brokers struggle to turn a profit. Despite the appeal of running their own operation, most find themselves facing financial challenges due to high overhead costs, intense competition, agent commission structures, and ineffective business strategies. We’ll break down the key reasons… The post Why Most Broker/Owners Don’t Turn a Profit appeared first on RISMedia.

Brokerage 107
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How technology challenges and charges today’s agents

Inman

Driven by technological advancements and shifting consumer expectations, the real estate industry is undergoing a transformation, presenting both challenges and opportunities.

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Anywhere appoints new head of communications

Real Estate News

Barri Rafferty, a media relations pro with prior CEO experience, will lead Anywhere’s communications teams as the brokerage eyes new growth opportunities.

Brokerage 146
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Transforming real estate with AI-powered solutions

Inman

AI in real estate isn’t just a passing trend; it’s redefining how agents showcase properties, engage with clients and close deals faster than ever before.

Closing 100
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Tech-Forward Strategies for Scaling Agent Efficiency & Accelerating Growth

As the real estate market evolves, technology has become essential for success. According to NAR, only 26% of agents feel their brokerage provides the necessary tech tools and, as a result, agents seek teams and brokerages who prioritize technology investments! Whether you manage an established team or are forming a new one, this guide outlines key considerations and necessary applications to thrive.

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King County, WA try to reduce homeless shelters getting evicted

Seattle Times Real Estate

The Regional Homelessness Authority announced a new program with a request to landowners across the county. The Legislature also made state land easier to rent.

Land 95
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The secret to making your clients love you: Save them money

Inman

Saving clients and prospects money is the best marketing you’ll ever do, trainer Bernice Ross writes. You’re building trust and creating an unbeatable personal connection. Here’s how to do it.

Marketing 105
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Daily Links: Locals Decry City’s Fast Tracking of Huge Red Hook Redo

Brownstoner

In the News Local Opposition Threatens Red Hook Redevelopment [NYT] It’s About to Get Brutally Hot in New York City [NYT] Rents Jump 15 Percent After NYC Ditches Broker Fees [NYP] Woman Charged With Stealing Sheepshead Bay Home [Eagle] Arts Gowanus Celebrates Artist’s 60th Birthday [BP] City Opens ‘Mini Forest’ on ‘Burg Waterfront [BP] NYPD: Alleged Arsonist… Read More > The post Daily Links: Locals Decry City’s Fast Tracking of Huge Red Hook Redo appeared first on Brownstoner.

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Corcoran Genesis acquires Corcoran Ferester Realty

Inman

With their combined forces, the companies will have about 65 agents to serve the greater Houston real estate market, Inman has learned.

Agents 111
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The Broker Action Plan for the Post-NAR Lawsuit Landscape

Now more than ever, brokers need to provide agents with the right tools, strategies, and training to effectively demonstrate their expertise, negotiate successfully, and foster strong client relationships. So – what should brokers do to ensure this? Invest in the right technology, continuous education, and innovative marketing strategies that empower agents to stand out in a crowded marketplace.

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Flatbush Slee & Bryson Neo-Federal With Herringbone Floors Asks $1.75 Million

Brownstoner

Part of a small Flatbush enclave, this neo-Federal dwelling shares the charming Slee & Bryson-designed exterior details of its neighbors and also boasts a few original details on the interior. Most of the interior photos for the house at 2122 Albemarle Terrace are virtually staged, but they do show wood… Read More > The post Flatbush Slee & Bryson Neo-Federal With Herringbone Floors Asks $1.75 Million appeared first on Brownstoner.

Staging 93
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Compass Sues Zillow Over Listing Ban, Alleging Antitrust Violations

BAM Media

BAM Key Details: Compass has filed a federal antitrust lawsuit against Zillow, claiming the portal’s new listing rules unfairly block competition. At the center of the dispute is Zillow’s policy banning listings that aren’t added to the MLS within 24 hours of public marketing. Redfin, which adopted a similar policy, is named as a co-conspirator in the lawsuit but is not listed as a defendant.

MLS 75
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NAR: Existing-Home Sales Increased to 4.03 million SAAR in May; Down 0.7% YoY

Calculated Risk Real Estate

From the NAR: NAR Existing-Home Sales Report Shows 0.8% Increase in May Existing-home sales rose in May, according to the National Association of REALTORS® Sales elevated in the Northeast, Midwest and South, but retreated in the West. Year-over-year, sales progressed in the Northeast and Midwest but contracted in the South and West. • 0.8% increase in total existing-home sales month-over-month to a seasonally adjusted annual rate of 4.03 million. • 0.7% decrease year-over-year,

Sales 69