Catch Up With Inman’s Top 5 Stories Of The Week, May 26-June 1, 2023
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A federal appeals court on Wednesday denied a request from NAR, Anywhere, Keller Williams, RE/MAX and HomeServices of America to overturn class certification in the Moehrl lawsuit.
In the past week, a growing chorus of public figures — from Elon Musk and Ross Perot Jr. to Barbara Corcoran and Dave Burt — have escalated their rhetoric around a looming “real estate recession.”
If the parties don’t settle, expect a lengthy trial for the Moehrl homesellers’ case against NAR, Anywhere, Keller Williams, RE/MAX and HomeServices of America.
The Tesla CEO just predicted a coming collapse in the housing market, but Redfin CEO Glenn Kelman and other experts say the conditions that would lead to a meltdown just aren’t there.
The expansion is part of Zillow’s “enhanced markets” program, which is now in six cities and part of the company’s efforts to eventually build a real estate “super app.”