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Zillow to list housing discrimination protections

Housing Wire

The update expands Zillow’s Local Legal Protections tool, which was created in 2018 to help LGBT home searchers identify if their rights were protected by local laws in certain jurisdictions. Still, federal law does not prevent landlords from rejecting all housing vouchers.

Landlords 488
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Real estate industry is in flux after shocking guilty verdict in commission lawsuit trial

Housing Wire

billion in damages, many questions still remain about what this means for the real estate industry, as the defendants still await Judge Stephen Bough’s final judgment. It found the National Association of Realtors , HomeServices of America and Keller Williams guilty of collusion to maintain high commission rates.

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Big-name brokerages among those accused of income-based discrimination in California

Housing Wire

But as many as 200 real estate agents , brokerage firms and landlords are alleged to have violated this law by discriminating against applicants with federally subsidized Section 8 Housing Choice Vouchers, according to an undercover investigation conducted by the Housing Rights Initiative (HRI).

Brokerage 431
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DOJ thumps RealPage with another antitrust lawsuit over AI-driven rent pricing

Housing Wire

The Department of Justice (DOJ) continues to take aim at alleged antitrust violations in the real estate industry. As a result, landlords can align rental prices, and tenants are limited in their ability to successfully negotiate counter offers or seek discounts. This price-fixing must be stopped.”

Landlords 385
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Bain Capital gains majority stake in residential investment lender Archwest Capital

Housing Wire

Global asset manager Bain Capital announced Monday that it has acquired a controlling stake in Archwest Capital , a California -based company that offers financing to residential real estate investors. housing stock,” David DePrez, managing director for Bain Capital, said in prepared remarks.

Investing 360
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Knox Financial announces $10 million in Series A funding

Housing Wire

Knox automates and oversees a property’s finances and taxes, insurance, leasing and legal, tenant and property care, banking, and bill pay. “Its full-service, tech-enabled platform has clearly resonated with first-time investment property owners and career landlords alike,” Hower said. Knox has shown people across the U.S.

Landlords 377
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Virginia Realtors CEO Terrie Suit is retiring

Housing Wire

In 1996, she received a gubernatorial appointment to the Virginia Real Estate Board. These include the opening of a second full-time office “within steps” of the Virginia Capitol in Richmond, and the growth of a legal team that now operates a successful Realtor hotline with an average response time of 45 minutes.

Realtors 333