The briefs are in. The witnesses are done. A federal judge in Chicago now holds the question the whole industry keeps asking: who controls where a listing gets seen? Here is the part no ruling will answer for you. Zillow, Compass and Midwest Real Estate Data (MRED) spent the first half of July trading post-hearing briefs in Zillow’s antitrust case, and the language tells you how far apart they are....
Although a date has been set for a final approval hearing, the real estate brokerages and associations that settled the homebuyer commission lawsuits through the Tuccori suit’s opt-in settlement may still face some challenges. The latest of these challenges is that earlier this week by four retired federal judges Diane Wood, David Coar, G. Patrick Murphy and Nancy Gertner challenged the settlements....
Federal banking regulators released a Community Reinvestment Act (CRA) proposal Friday that narrows how banks earn credit for community development while raising asset thresholds for small and midsized institutions. The plan drew immediate criticism from consumer and housing advocates. The Federal Deposit Insurance Corp. (FDIC) and the Office of the Comptroller of the Currency (OCC) issued a notice of...
While many homebuilders battle a gross margin slippery slope from the 20s into the mid-teens, Green Brick Partners is fairly striding against the tide. During the company’s Q2 earnings call on Thursday, executives said its gross profit margin expanded to 29.8% in Q2, down 150 basis points from a year ago but up 900 basis points from the prior quarter. Green Brick achieved this industry-leading...
Artificial intelligence (AI) and broader tech investment is reshaping broad swaths of the U.S. economy, but its impact on housing is proving far from uniform. HousingWire Data updated July 25 shows a growing divide between markets where AI wealth is supporting demand and those where even strong technology growth has not translated into higher home prices. While more than 40% of listings nationally...
One of the great ironies of owning a Hamptons home is how much time can be spent driving between all the things you’re supposed to enjoy. Golf in the morning. The beach in the afternoon. Cocktails somewhere else. Dinner across town. By the time the day is over, you’ve spent as much time in the car as you have relaxing. This newly listed Westhampton Beach estate takes a different...
Luxury waterfront homes often promise private docks, sweeping river views, and resort-style pools. This Mount Pleasant estate has all of that — but its most remarkable feature sits behind a different set of doors. Listed for $5.975 million by Kimberly Youell and Roddy Matthews of Coldwell Banker Realty, the 11,211-square-foot residence at 4145 Colonel Vanderhorst Circle includes a purpose-built,...
Long before the Kennedys became synonymous with Hyannis Port, Georgetown, Palm Beach, and Manhattan’s Upper East Side, the family’s New York roots were firmly planted in Riverdale. Now, one of the Bronx’s most intriguing estates is back on the market with a $500,000 price reduction. Listed for $5.85 million by Dustin Crouse and Erin Boisson Aries of Douglas Elliman, the sprawling property at...
A grab bar, a low- or no-curb entry and built-in seating can help reduce falls, improve mobility and make showering safer. Add slip-resistant flooring, a handheld sprayer, easy-to-reach controls, good lighting and enough room for a wheelchair or walker, and you have a shower that’s more...
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