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Mortgage Applications See Jump Due to Pockets of Opportunity
Despite a high-rate environment and continued economic challenges, borrowers continue to find pockets of opportunity as mortgage applications saw a jump this week, according to the latest data from the Mortgage Bankers Association. MBA’s latest Weekly Mortgage Applications Survey saw overall mortgage applications jump 10.8% for the week ending June 5, 2026, up from last…
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CoStar Seeks to Weigh in on Zillow-MRED Battle With Court Brief
CoStar has filed an amicus brief—a brief filed by a non-party, or a “friend of the court”— urging a federal judge to deny Zillow’s effort to block Midwest Real Estate Data (MRED) and Compass from cutting off its listing feed, arguing the portal giant is seeking court-ordered access to MLS listings while hoarding its own…
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Inflation Spikes to Three-Year High as Energy Costs Spiral Higher
Rising energy costs due to the Iran war continue to put serious upward pressure on inflation, according to the latest data from the Bureau of Labor Statistics. The Consumer Price Index (CPI) grew 0.5% in May, with annual inflation clocking in at 4.2%. Specifically, this is the “highest headline CPI reading in three years,” as…
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John L. Scott Real Estate Launches AI-Powered Home Search Across 3,000+ Agent Websites
John L. Scott Real Estate announces the rollout of its new AI Home Search capability across its network of more than 3,000 broker websites, introducing a more intuitive and personalized way for consumers to discover properties online. According to the company, online home searches have relied heavily on structured filters such as zip codes, square…
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