Real Estate News!

• Former Homesnap employees stole trade secrets over online marketplace tech, CoStar alleges October 2, 2023
  CoStar has sued former Homesnap employees over the alleged theft of its trade secrets, according to court filings.
  Chris Clow
• Four of the biggest MLSs in the Southeast have formed an alliance October 2, 2023
  Four of the largest MLSs in the Southeast have formed a data partnership aimed at increasing referral business.
  Sarah Marx
• California finally passes RON legislation October 2, 2023
  After a years-long voyage through the state legislature, Gov. Gavin Newsom signed a bill Saturday allowing remote online notarization in California.
  Brooklee Han
• Florida Bankers Association names Kathy Kraninger as CEO October 2, 2023
  The Florida Bankers Association has named Kathy Kraninger, former CFPB director during the Trump administration, to replace Alex Sanchez as CEO. 
  Flávia Furlan Nunes
• Home prices and mortgages keep rising, and it might get worse still October 2, 2023
  ICE expects nearly an 8% y/y home price growth by December if this year's average 0.64% per month seasonally adjusted price increase continues
  Connie Kim
• Rocket Pro TPO raises conforming loan limits to $750,000 ahead of FHFA decision October 2, 2023
  Rocket Pro TPO, the wholesale arm of Rocket Mortgage, on Monday raised agency conforming loan limits to $750,000, ahead of the FHFA's decision expected in November. 
  Flávia Furlan Nunes
• Zillow victorious in false advertising suit with discount brokerage October 2, 2023
  A Federal jury in Seattle ruled in favor of Zillow on Friday ending, at least for now, its years-long battle with REX.
  Brooklee Han
• “Enough is enough.” Redfin leaves NAR in wake of sexual harassment allegations October 2, 2023
  In a letter published Monday, Redfin announced its decision to require agents to leave NAR in places where they can.
  Brooklee Han
• Rithm to acquire MSR player Computershare Mortgage Services for $720M October 2, 2023
  Real estate investment trust Rithm Capital Corp has entered into a definitive agreement to acquire Computershare Mortgage Services Inc. for about $720 million.
  Flávia Furlan Nunes
• National Flood Insurance Program is safe for now (45 days) October 2, 2023
  On Saturday, lawmakers from the House of Representatives and the Senate averted a government shutdown.
  Sarah Marx