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The monthly National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) for builder confidence fell three points to 29 (out of 100) in October, marking the lowest builder confidence in the market since June 2012. NAHB attributed the historically low measure of builder sentiment to rising mortgage rates, energy and material costs, and…

The post NAHB Reports Lowest Builder Confidence in 14 Years appeared first on RISMedia.

In an entirely expected move last Friday, Oct. 16, Compass filed a federal antitrust lawsuit against California-based CRMLS, asking a judge to prevent the MLS from enforcing its “mandatory submission” policies that the brokerage argues violates antitrust policies. As it has continued to campaign for changes to certain MLS policies, a Compass spokesperson told RISMedia…

The post 3 Biggest Takeaways From Compass’s Lawsuit Against CRMLS appeared first on RISMedia.

Just one day before the case was to go to trial, eXp managed to evade court as a partial settlement was reached. In the settlement filed Oct. 18, eXp agent Anya Roberts officially reached a confidential settlement which resolves all claims against eXp Realty, Founder Glenn Sanford and parent company AGNT, Inc. The settlement only…

The post BREAKING: eXp Reaches Settlement in Sexual Assault Case appeared first on RISMedia.