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CoStar says Zillow copyright infringement now tops 53,000 photos

CoStar Group, HWmember, Legal, Real Estate, Realtor.com, Redfin, Technology, Zillow /

CoStar Group is claiming that Zillow’s alleged infringement upon copyrighted photos owned by CoStar has continued despite the ongoing copyright infringement lawsuit CoStar filed against Zillow last July. In an amended complaint filed on Friday, CoStar claims that Zillow has infringed on CoStar’s copyright on more than 53,000 watermarked photos across Zillow and the platforms […]

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Home sales cancelled at record rate as buyers hold power

Housing affordability, Housing markets, Originations, Redfin /

Buyers have significantly more negotiating power than sellers in the housing market today, resulting in a record amount of home-sale cancellations, a new industry report found. Processing Content More than 42,000, or 13.7%, of home-sale agreements in the United States fell through last month, according to a Redfin report. That’s the highest February share in

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Compass, Rocket, Redfin urge MLSs to allow seller-directed pre-marketing

Brokerage, Clear Cooperation, Compass, HWmember, MLS, MLS/Associations, National Association of Realtors, Real Estate, Redfin, Rocket Companies /

Compass International Holdings, Redfin and Rocket Companies are urging MLSs to adopt policies that support pre-marketing and phased marketing distribution and to cease penalizing or punishing agents for carrying out “seller-directed marketing plans.”  The companies, which entered into a mutually exclusive deal to publish Compass coming soon listings on Redfin in late February 2026, made

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Older Americans maintain record share of housing wealth

Baby Boomer, Home Equity, Homeownership, Housing Market, HWmember, Mortgage, Mortgage Rates, Redfin, Reverse /

Older Americans now hold as much real estate wealth as middle-aged homeowners, illustrating the widening gaps in homeownership access and long-term home price gains. An analysis from Redfin, based on data from the Federal Reserve Board, found that Americans ages 70 and older controlled roughly 26% of the nation’s $48 trillion in real estate wealth

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NAR reaffirms MLS autonomy amid Compass-Redfin partnership

Clear Cooperation, Compass, HWmember, MLS/Associations, National Association of Realtors, Real Estate, Real Estate Listings, Redfin /

The National Association of Realtors (NAR) reaffirmed that multiple listing services (MLSs) retain discretion to set their own rules and policies regarding listing statuses — following news of Compass marketing its Coming Soon and private listings on Redfin. Compass and Redfin parent company Rocket announced the partnership Feb. 26. In an email sent to Compass

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Buyers back out of home-sale deals at record rate in January

Housing affordability, Housing markets, Originations, Redfin /

Sellers significantly outnumbering buyers in the market and economic uncertainty have caused a record number of home sales to fall through, a new industry report found. Processing Content Nearly 40,000 home-sale agreements were cancelled in January, according to a Redfin analysis of pending sales data. That’s 13.7% of homes that went under contract in the

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Average down payment falls amid price cooling

Home Prices, Housing markets, Industry News, Mortgage Rates, Redfin /

As home-price growth has flattened, the average down payment has decreased, according to a new industry report. Processing Content The typical homebuyer’s down payment in the United States decreased 1.5% year over year to $64,000 in December, the first drop in five months, Redfin found. That’s 15.2% of the average purchase price, compared with 16.7%

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Zillow and Redfin ordered to produce documents in $100M rental syndication antitrust case

Federal Trade Commission, Glenn Kelman, HWmember, Legal, Real Estate, Redfin, Regulatory, Zillow /

Zillow and Redfin must turn over documents related to their $100 million rental syndication agreement, according to a court order issued on Thursday in the antitrust lawsuit filed by state and federal regulators.  On Thursday, Judge William Porter ruled that the defendants must comply with the document production requests issued by the Federal Trade Commission

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Redfin rolls out ChatGPT app for real estate searches

Artificial Intelligence, ChatGPT, HWmember, MLS/Associations, Real Estate, Redfin, Rocket Companies, Technology, Zillow /

Redfin, which is now owned by Rocket Companies, is following in Zillow’s footsteps and launching an app integration with OpenAI’s ChatGPT.  The company announced Friday that ChatGPT users now have access to a Redfin app within the platform that allows users to locate property listings relevant to their home search parameters and chat with the

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Rocket, Redfin air first joint Super Bowl ad

HWmember, Marketing, Mortgage, Redfin, Rocket Companies /

Rocket Companies and Redfin on Thursday unveiled a Super Bowl commercial centered on community and the importance of neighborliness, marking the companies’ first shared national ad and Redfin’s first appearance in a Super Bowl broadcast since the company’s founding 20 years ago. The 60-second spot, titled “America Needs Neighbors Like You,” will air during the

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