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A federal judge has denied a joint bid by the Federal Trade Commission (FTC) and a coalition of states to win early rulings on core questions in their antitrust case against Zillow and Redfin—leaving disputes over how the market is defined and whether the companies’ $100 million deal is illegal to be resolved at trial.…

The post Federal Judge Denies FTC’s Bid to Shortcut Zillow-Redfin Antitrust Trial appeared first on RISMedia.

CENTURY 21 announced its expansion in the Las Vegas Valley with the addition of CENTURY 21 Elevate, a 20-year-old brokerage in the heart of Las Vegas.  The brokerage is led by Cynthia Glickman, who has represented nearly 1,000 home sales for more than 25 years, according to the firm. She has also been featured in…

The post CENTURY 21 Expands Las Vegas Presence With New Affiliation appeared first on RISMedia.

Lofty announced the launch of the Lofty CIPA Defense Program, a legal protection initiative that aims to provide customers with a full legal defense against California Invasion of Privacy Act (CIPA) demand letters. The program offers demand letter review, formal legal response, legal support throughout a qualifying claim and ongoing case updates at no cost,…

The post Lofty Launches CIPA Defense Program at No Cost appeared first on RISMedia.

With so much going on across the industry as it relates to AI, private listings and MLSs, Donny Samson points to gathering with other industry leaders as one of the key benefits associated with attending Zillow’s Industry Forum—an invite-only event where brokers, MLS executives and franchisor leaders recently came together to discuss where the industry…

The post What Donny Samson Is Taking Back to His Team From Zillow’s Industry Forum appeared first on RISMedia.

It’s one of the most agonizing statistics in the real estate industry. The specific numbers may change, but year after year, the National Association of Realtors (NAR) reveals a massive disconnect between intent and outcome: 88% of homebuyers state they would happily reuse or refer their real estate agent, yet only 41% do. What did…

The post The Deal Isn’t Over: Creating Post-Closing Opportunities appeared first on RISMedia.

Bright MLS, covering a huge swath of territory across the Mid-Atlantic coast region, is currently the largest multiple listing service in the country. Being the largest often means that the decisions it makes will set the bar for smaller players—particularly in a time of rapid change and uncertainty. This week, Bright announced significant updates to…

The post Bright MLS Updates Listing Rules, Allowing ‘Suppression’ of Property Stats and Private Listing Filter appeared first on RISMedia.

Mortgage rates shifted slightly upward this week due to elevated inflation, and the hope for relief may be further delayed, according to the latest data from Freddie Mac. The latest Primary Mortgage Market Survey® saw the 30-year fixed rate mortgage (FRM) average 6.49%, up from 6.43% last week when it was at the lowest level…

The post Mortgage Rates See Slight Shift as Iranian Conflict Looms Over Future appeared first on RISMedia.

The higher hopes for existing-home sales in June unfortunately were not met as the National Association of Realtors® (NAR) reported a decrease. However, not all hope is lost as several indicators in NAR’s data remain positive, and economists say there is still potential for a better path ahead. NAR’s Existing-Home Sales report saw sales fall…

The post Existing-Home Sales Fall Short of Expectations in June, But Positive Indicators Remain appeared first on RISMedia.