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In a supplemental post-hearing brief filed by defendants Midwest Real Estate Data (MRED) and Compass, the defendants argue that Zillow is not entitled to relief because “any harm, if it exists at all, is self-inflicted.” “If Zillow wants MRED’s feed, the ‘lifeblood’ of its business that it receives virtually for free, all Zillow has to…
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Home prices picked up the pace in May, indicating buyers in some areas are able to move past elevated mortgage rates, while further widening the affordability gap that continues to divide buyers across the nation, according to the latest data. Cotality’s latest Home Price Index, released this past week, found that home price growth increased…
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Housing choices and community design remain definite priorities for homebuyers, according to a new survey from the National Association of Realtors®. NAR’s Community and Transportation Preference Survey found that homebuyers value walkability and mixed-used neighborhoods when shopping for a home: 89% of respondents said sidewalks and places to walk are important, and 82% said being…
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Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Judge denies FTC in Zillow-Redfin suit A federal judge denied the Federal Trade Commission’s (FTC) and states’ motion for partial summary judgment, sending disputes over market definition and the deal’s alleged illegality to…
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