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After just under five years of litigation, Zillow announced today that it is paying out over $210 million to shareholders who claimed the company misrepresented the company’s ability to predict and profit from flipping homes at the height of the pandemic boom market, resulting in significant losses for the company. “We are incredibly pleased to…

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Compass President Neda Navab outlined her vision for the next chapter of the brokerage at the company’s annual RETREAT in New Orleans, announcing new investments to strengthen connections among Compass agents, raise standards for agents joining the brokerage and expand the reach of the Compass brand. “While we’ve grown and changed a lot over the…

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In a continuation of the company’s acquisition strategy as of late, CoStar announced another is in the works as it recorded another strong quarter of financials. In the company’s Q3 earnings call, Founder and CEO Andy Florance announced that CoStar is in the process of acquiring another company to add to its portfolio: aerial-imagery program…

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The Mortgage Bankers Association’s (MBA) latest survey recorded a modest but positive 3.4% increase in mortgage loan application volume from last week’s survey.  The mortgage loan application volume, also known as the Market Composite Index, is MBA’s measure of the mortgage purchases, refinances and other mortgage activities in the week before the survey’s release. Data…

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