Is the housing market in shambles? Is Compass Fighting for Sellers... or Itself?

Compass is fighting the MLS. The MLS is fighting back. And somehow, EVERYONE claims they're fighting for the consumer. So who's telling the truth?

The battle over private listings and control of real estate inventory is getting ugly. Compass is challenging MLS rules, CRMLS has taken the fight to federal court, and other MLS organizations are pushing back. Is this really about giving sellers more choices, protecting an open marketplace, or controlling who gets access to listings?

In Episode 381 of This Week in Real Estate, we're digging into the growing war between Compass and the MLS system, what it could mean for agents and consumers, and why this fight is about much more than one brokerage.

Meanwhile, the housing market is sending some troubling signals. Mortgage rates are climbing, price reductions are hitting new highs, inventory is approaching pre-pandemic levels, and Zillow reports newly pending sales have fallen 8.5% year over year. Buyers may be gaining leverage, but does that actually mean they're better off?

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tWiRE (This Week in Real Estate) is a live real estate news show examining the biggest stories shaping housing, real estate, mortgage lending, brokerages, agents, buyers, sellers, and the industry.