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Above: the Everett McKinley Dirksen United States Courthouse in Chicago. CHICAGO—Zillow Chief Financial Officer Jeremy Hofmann testified Wednesday afternoon that a permanent loss of Midwest Real Estate Data (MRED)’s listing feed could trigger what he called a “downward spiral” for Zillow’s business, as testimony continued in the preliminary injunction hearing between Zillow, MRED and Compass.…

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Brian Buonaiuto Broker/Owner JPAR Premier Destination Realty Cranston, Rhode Island https://www.brianbuonaiuto.jpar.com   Region served: Central Rhode Island and Tampa, Florida Years in real estate: 10  Number of offices: 2  Number of agents: 40  Rhode Island is currently facing record-low inventory. As a leader with JPAR, how are you and your agents finding opportunities for buyers and…

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Above, the Everett McKinley Dirksen Courthouse in Chicago where the hearing is taking place. Photo by Clarissa Garza.  CHICAGO—Zillow, Midwest Real Estate Data (MRED) and Compass squared off in a Chicago courtroom Wednesday in a preliminary injunction hearing, kicking off two days of testimony, where a federal judge will decide whether Zillow can continue banning…

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Generation Z (those born roughly between 1997 and 2012) boasts unprecedented representation in the Lesbian, Gay, Bisexual, Transgender and Queer (LGBTQ+) community. Gallup recently shared that 23% of U.S. adults under 30 years old self-identify as LGBTQ+. What does this mean for so-called “zoomers” home-buying plans, including the 23% that are part of the LGBTQ+…

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As everyone in real estate knows, the market is in a constant state of ebb and flow. While the same trends have been persistent in housing in recent years, the ways in which they affect the market and what challenges are dominant have been in a state of change. Certain trends, such as the downward…

The post Investors Still Players in the Market—A Look at Current Housing Trends appeared first on RISMedia.

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The Mortgage Bankers Association is attributing an increase in home-purchase applications this week to mortgage rates edging down slightly following a decline in oil prices and easing tensions in the Middle East.  The latest Market Composite Index from the MBA—its measure of mortgage loan activity volume and includes purchases and refinances—shows mortgage application activity increasing…

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In the continued evolution of the MLS landscape as of late, California Regional MLS (CRMLS) recently announced a “Limited Exposure in Coming Soon” option for listings. A post on the MLS’s Knowledgebase blog details that the option will prevent a designated listing from being circulated through IDX feeds. Specifically, CRMLS stated that the new option…

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Aspiring first-time buyers may want to consider settling down in Detroit, Virginia Beach or Warren, Michigan, where a typical household would need just a few years to save the median down payment. This, according to new analysis from Rocket that estimates the time it would take a typical household to save for a down payment…

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Above, Village home in Lower Longwood, Eaton Constantine In this edition of Great Spaces, we travel to the British countryside to explore a home with historic character along with easy access to village life and market-town amenities.    Property highlights: Location: Lower Longwood, Eaton Constantine, Shrewsbury, Shropshire Listing Price: Offers in the region of £695,000 (approx.…

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After a negative report in late May, which came on the heels of three months of gains, nonprofit research firm The Conference Board’s Consumer Confidence Index, which measures American opinions of current economic conditions and their outlook for the next six months, inched up by 0.6 points to 91.2 in June, up from a downwardly…

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