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Real Estate Exchange files antitrust suit against Zillow, NAR

Housing Wire

Real Estate Exchange (REX) filed an antitrust lawsuit Tuesday in federal court against Zillow , accusing the company of anticompetitive behavior related to showing certain homes on its platform. Trulia and the National Association of Realtors are also named in the suit. Real Estate Tech Demo Hour. billion visits.

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No seasonal slowdown this year as real estate agents report a busier-than-usual fall

Housing Wire

Realtors can usually count on their biggest season being spring, followed by summer, but nothing about 2020 has been normal, including home-buying patterns. With shut-down orders in the spring, summer became the new home-buying season, but homebuyers were still incredibly active in August. Over the last four weeks ending on Sept.

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“Greetings from Missouri!” Millions are finding commission lawsuit postcards in the mail. Agents say it’s an opportunity

Housing Wire

If you sold a home and paid a commission to a real estate agent, you may be part of class action settlements,” the postcards read. We’ve signed 47 new listings year to date, and we’ve had plenty of conversations with other sellers that we didn’t sign, but there are a lot more conversations surrounding transparency,” Posnick said.

Agents 424
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Study: Real Estate Hot in Hurricane Ian-Hit Areas

Empire Appraisal Group

NEWS & MEDIA Bilanol/Getty Images Plus Source: [link] Study: Real Estate Hot in Hurricane Ian-Hit Areas By Kerry Smith Storms rarely have a long-term effect on the local real estate market. Cape Coral-Fort Myers listings dropped for two months after Ian but rose for the six after that. FORT MYERS, Fla.

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Restb.ai to integrate with Black Knight

Housing Wire

Real estate focused artificial intelligence firm Restb.ai Through this new partnership, all Black Knight Paragon MLS platform users will have access to the Restb.ai into Black Knight’s MLS platform will radically transform how MLS subscribers interact with MLS Listing data. Building Restb.ai

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‘Fraudsters gotta eat too:’ The title industry navigates an uptick in fraud

Housing Wire

Berg told ALTA One attendees that they should be particularly wary of escrow account “shenanigans” and that they need to keep tabs on how builders and real estate agents are shifting funds around through escrow accounts. Our realtor partners are hurting,” Berg said.

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Insatiable demand drives July pending home sales up 15% annually

Housing Wire

year over year, largely on the back of pent-up demand from buyers who were unable to strike deals during the spring, said Lawrence Yun, chief economist of the National Association of Realtors. “We Home sellers are seeing their homes go under contract in record time, with nine new contracts for every 10 new listings.”.

Contracts 477