š„ Real Estate Shakeup: Lawsuits, Private Listings & Mortgage Market Mayhem! š„
This week on tWiRE, the real estate industry faces courtroom drama as NAR scores a major victory over discount brokerage Homie in an explosive antitrust battle. Keller Williams dodges a bullet as theyāre cleared from a major telemarketing lawsuit, while Compass stirs the pot by opening its private listingsāsort ofāto competing brokerages. Could this move redefine private listings or just deepen the industry divide?
Meanwhile, Homes.com is sending waves (and mailers) nationwide, asking homeowners to pay for boosted exposure. Is this bold new tactic innovation or exploitation? Plus, Austinās MLS believes theyāve cracked the code on the private listings puzzleāwill their solution become the industry standard?
Realtor.com strengthens its agent-client collaboration with Zenlist acquisition, and Zillowās summer release brings drones, AI, and big data into home-buyingāgame-changing tech or flashy gimmicks?
Economically, mortgage demand takes a 10% nosedive amid climbing rates and rising recession fears. Family money emerges as the key player behind young buyersā down payments, highlighting growing economic divides. With U.S. home prices hitting yet another historic high, is affordability slipping permanently out of reach?
And donāt miss our dive into real estateās next frontierāspace! Companies race to establish lunar data centers and orbital infrastructure, proving that even the sky isnāt the limit for real estate.
šÆ Key Topics Covered:
⢠NAR vs. Homie Antitrust Decision
⢠Keller Williams Lawsuit Dismissed
⢠Compass Private Listing ChangesĀ
⢠Homes.comās Controversial Mailer Campaign
⢠Austin MLS Private Listing Solution
⢠Realtor.com & Zenlist Collaboration
⢠Zillowās Tech Innovations: Drones & Data
⢠Mortgage Demand Plummets
⢠Nepo-Homebuyers & Family Wealth ⢠Record-High Home Prices
⢠Real Estateās Lunar FrontierĀ
⢠Major Wins in Landmark Tax Reform
⢠Crypto Scam Targeting Real Estate Agents
⢠FHFA Credit Scoring Expansion
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