The Conference Board Leading Economic Index (LEI) for the U.S., which provides an early indication of significant turning points in the business cycle and where the economy is heading in the near term, declined by 0.2% in June, following a decline of 0.4% (upwardly revised) in May. Over the first half of 2024, the LEI…

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Citing recent media interviews given by CoStar executives, Move, Inc.—the parent company of Realtor.com®—filed for a preliminary injunction in a California U.S. District Court on Aug. 14, asking a federal judge to “(restrain and enjoin) Defendants CoStar Group, Inc. and (former Realtor.com employee) James Kaminsky from any further unauthorized access of Move-owned files, and from…

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The National Association of REALTORS® has announced the 12 companies participating in the Innovation, Opportunity & Investment (iOi) Summit’s Pitch Battle competition from August 28–29 in Chicago. NAR’s stated that their venture capital arm, Second Century Ventures, is set to present the live event, where each contestant will deliver a four-minute pitch on their product…

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Above: Marki Lemons-Ryhal, Elias Astuto and Christa Ross. With the National Association of REALTORS®’ (NAR) post-settlement practice changes taking effect next month, real estate professionals are faced with the reality of having to alter the way they do business. The weight is also being felt among the coaches responsible for ensuring that the next generation…

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With the Chevron deference now void, opinions from housing organizations and experts are split on how this might impact regulatory decision-making within the industry moving forward.  Earlier this month, the Supreme Court overturned the so-called “Chevron deference,” a legal principle originally set in Chevron U.S.A. Inc. vs. Natural Resources Defense Council, Inc that allowed courts…

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