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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. Compass sues CRMLS over “mandatory submission” policies Shortly after the MLS filed its own suit against the brokerage, Compass has now filed a lawsuit against California-based CRMLS, asking a judge to prevent the…
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As homebuilder confidence has now bottomed out to a 12-year low, the housing construction industry continues to face a series of hurdles that are severely diminishing activity. With the latest New Residential Construction report from the Department of Housing and Urban Development and the Census Bureau demonstrating another impacted month, builders are now forecasting issues…
The post Housing Starts Decline as Builders Forecast Lower Production Into Next Year appeared first on RISMedia.
As the housing market begins to wind down for the cold season, pending home sales are also showing the impact of elevated mortgage rates as contract signings fell across the board, according to the National Association of Realtors® (NAR). The Pending Home Sales report by NAR for September shows that sales decreased by 7.3% month-over-month,…
The post Pending Sales Drop Dramatically as Economists Blame High Rates and Season Slowdown appeared first on RISMedia.
Housing data company HouseCanary announced on Oct. 20 that Side has joined its Google Listings Program. Under the agreement, the active listings for the over 600 partners in 19 states in Side’s broker network are available for display in Google mobile search in live markets. When consumers search for homes on Google mobile in a…
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