Judge orders MRED to restore Zillow listing feeds in Chicago

Chicagoland area listings are back on Zillow and Trulia as of Friday afternoon, after Chicago-based federal Judge John Tharp, Jr. granted in part Zillow’s preliminary injunction motion seeking to prevent Midwest Real Estate Data (MRED) from suspending its listing feeds.  On Monday, Zillow filed the

California MBA backs $100M fund in governor’s budget proposal for wildfire rebuilding

The California Mortgage Bankers Association (CMBA) voiced strong support for Gov. Gavin Newsom’s proposed $100 million allocation for the Southern California Rebuild Fund included in this month’s revised state budget proposal, the trade group said this week. The proposed funding is designed to expan

Listing Prices Are Falling, but Resurgent Mortgage Rates Have Buyers Spooked

The spring housing market is limping across the finish line this Memorial Day weekend, as surging mortgage rates send buyers into retreat. Still, there is good news for homebuyers, as prices continue to soften. For the week ending May 16, the national median listing price was down 2.3% compared with

Most Homes Are Still Listing Under $300,000 in These 6 Cities

Six Rust Belt cities are seeing a surge of new listings, and all of them have median listing prices under $300,000. In April, just six cities out of the top 50 markets had typical home prices below $300,000, and all had a swell of new listings. Most were in the Midwest, where home sales have outperf