Zillow injunction hearing opens in MRED antitrust case
A two-day hearing regarding Zillow’s preliminary injunction motion in its ongoing antitrust battle with Midwest Real Estate Data (MRED) and Compass International Holdings kicked off Wednesday morning in federal court in Chicago. The hearing is focused on a motion Zillow filed in mid-May seeking to
Portside Real Estate Group adds agent Heather Szela in central Maine
Portside Real Estate Group has added Heather Szela to its central Maine office, where she will work with homebuyers and sellers throughout the region. Szela, a Maine native, began her real estate career in the Boston area, with experience including residential sales and leasing. She returned to Main
Joe Rath: Rocket Redfin integration gains momentum one year after $1.75B deal
Nearly a year after Rocket Companies closed its acquisition of Redfin in an all-stock transaction valued at $1.75 billion in equity, Joe Rath, the former Redfin senior director of operations and current head of industry relations at Rocket, says that things “could not have gone better” with the inte
April Case-Shiller shows inflation outpacing home prices
The pace of annual home price appreciation picked up slightly in April, according to the S&P Cotality Case-Shiller Index for April that was released on Tuesday. In April, the national home price index rose 0.8% year-over-year to a reading of 332.68. This is up from a 0.7% annual increase in March.