🔥 tWiRE Podcast Ep. 338 — "Zillow's Data Access Scandal, AI War in Real Estate, & the Market's Big Fall Reset"

What's really going on behind Zillow's latest moves — and how deep does the Follow Up Boss data connection go? This week on This Week in Real Estate (tWiRE), we're digging into the firestorm shaking the industry: data privacy, disappearing Matterport tours, AI battles between giants, and the surprising fall shift giving buyers real power again.

💥 Major Headlines This Week:

• Zillow Data Access Scandal: Did Zillow quietly gain visibility into agents' Follow Up Boss data? We're breaking down what's really happening and why so many agents are furious.

• Zillow vs. CoStar: CoStar calls Zillow's statements "falsehoods" in a public feud over Matterport 3D tours — and the fallout could change how listings appear across major portals.

• AI Arms Race: eXp launches Mira, its new AI co-pilot for agents, while Realtor.com's CMO says the future of real estate search is conversational.

• Homes.com Lawsuit: CoStar's portal faces a major legal challenge over CRMLS data monetization.

• Realtor.com Gets Sued Over Taylor Swift Hype: Yes, that's a real headline.

• NAR's Supreme Court Win: High Court declines to hear an old 'No Commingling' case — what this means post-settlement.

• Propy Goes Blockchain: $100M expansion aims to bring real estate closings fully onchain.

📉 Market Pulse:

• Foreclosures are rising — and agents are finding new ways to turn it into income.

• Sellers are getting ghosted: 15% of deals fell apart in September.

• Builders keep slashing prices; buyers are scoring the biggest autumn discounts since 2019.

• Austin officially becomes the strongest buyer's market in America.

• 29% of U.S. purchases are all-cash, while refinance demand is up 81% year-over-year.

• Home prices ticked up just 0.2% — signaling a cooling phase that could redefine Q4.

🎙️ Hosted live with Ray Ellen and the tWiRE crew, this episode exposes the truth, breaks down the spin, and gives you the insights that actually matter for agents, buyers, and investors right now.

📅 Stream it LIVE this week — no fluff, no fear-mongering, just real talk about what's happening in real estate.

💬 Join the tWiRE Community: https://chat.whatsapp.com/B5WWEafN3IV1CrzorNY6yP

Zillow just kicked in ChatGPT's front door, NAR's CEO says a full reset is coming, and AI is rewriting how listings look and how consumers search. Sellers are testing the market, buyers are still cautious, the Senate just advanced major housing legislation, and a surprising trend puts vinyl back on top over stucco. Welcome to tWiRE—real talk for agents, buyers, and investors who want the truth without the drama.

Join us LIVE and jump into the chat:

• Zillow x ChatGPT: Search wars, IDX/compliance questions, and what portal AI means for your lead flow, conversion, and brand positioning.

• NAR's next chapter: What a real transparency-and-culture reboot could change for everyday business.

• AI vs. Trust: Consumers are turning to AI for housing info, but they still trust great agents. How to be the pro they believe—while using AI as a force multiplier.

• Agent adoption gap: Nearly half of agents say they aren't using AI. Is that your edge… or your blind spot?

• AI listing "glow-ups": Virtual enhancements, staging ethics, clear disclosures, and how to keep credibility with buyers and appraisers.

• Market standoff: More new listings, but rate-fatigued buyers are picky. Pricing, concessions, and prep that actually move the needle.

• Policy watch: Senate-passed housing measures—what they target (supply, affordability, resilience) and what to watch next in the House.

• Build/design shift: Vinyl vs. stucco—cost, regional preferences, maintenance, curb appeal, and resale impact.

Subscribe & set reminder so you don't miss it. Weekly housing intel, zero fluff—just strategies, signals, and straight talk.

🔥 tWiRE Podcast – Episode 336: Zillow Invades ChatGPT + Record Price Cuts + Buyer Chaos 🔥

Zillow just crawled inside ChatGPT — and the real estate world may never be the same. As the company unveils its new AI integration, making your listings "talk" directly to buyers, many are asking: is Zillow becoming the all-seeing gatekeeper of real estate data… or just playing puppet master with your listings? 👀

Meanwhile, sellers are slashing prices at record speed to attract spooked buyers, cancellations are surging, and buyers are sneaking back into risky loan products just to stay in the game. The market's caught between fear and FOMO — and Zillow seems ready to profit from both.

Here's what we're breaking down this week:

🏠 Zillow x ChatGPT – The first real estate app inside AI. But who really controls the data?

💸 Record Price Cuts – Home sellers are dropping prices faster than we've seen in over a decade.

📉 Cancellations Surge – Why deals are falling apart left and right — and what it means for Q4.

💀 Risky Loans Return – Adjustable-rate and "nontraditional" mortgages are back on the table.

🏙️ Condo Crisis – 72% more condo sellers than buyers — a brutal imbalance with big implications.

🚪 Shutdown Sentiment – 17% of Americans are delaying major purchases amid government drama.

🌤️ The Silver Lining – Buyers are regaining bargaining power, and starter homes are finally moving again.

This episode dives deep into Zillow's growing AI empire, the unraveling of buyer confidence, and the dark side of desperation in today's housing market.

👇 Listen now and find out who's really running the real estate game — humans or algorithms.

💬 Join the tWiRE Community: https://chat.whatsapp.com/B5WWEafN3IV1CrzorNY6yP

Crash or Crack? Zillow's Legal Storm, CoStar Feud & Housing Market Mayhem

FTC slaps Zillow & Redfin with an antitrust lawsuit

The FTC accuses Zillow of paying Redfin $100 million to exit the rental advertising space, shutting down competition for nearly a decade. Redfin allegedly gave up ad partnerships, helped Zillow poach employees, and agreed to syndicate only Zillow's listings. What's at stake: advertising pricing power, renters' choice, and whether Big Tech in real estate just got too big.

CoStar strikes back: Zillow accused of rampant photo theft

CoStar claims Zillow unlawfully used more than 46,000 of its copyrighted photos — even with watermarks — across Zillow, Redfin, and Realtor.com syndication networks. Zillow has already started removing images at the center of the case. This could become one of the largest copyright battles the real estate industry has ever seen.

Real estate data digest — warning signs everywhere

• Pending home sales posted their first meaningful monthly decline in months, despite mortgage rates easing slightly.

• Luxury home prices jumped 4% to a median of $1.25M, even as overall sales hit the lowest August level in more than a decade.

• Starter-home sales are up, as buyers look for affordability in a shifting market.

• The share of mortgages with rates above 6% is at a 10-year high.

• Refinance demand plunged 21% as rates hit a 3-week high.

• Even homeowners with sub-4% mortgages are on the move, often turning to new builds to lock in incentives.

What this means for agents, buyers & markets going forward

We break down the legal risks, competitive threats, and strategic pivots needed to survive in a volatile real estate tech era — plus some bold predictions for what comes next.

The real estate world is on fire this week: billion-dollar deals, lawsuits shaking the industry, and a housing market at a crossroads.

Here's what we're breaking down:

⚖️ Zillow in Court — A new class-action lawsuit takes direct aim at Flex and Premier Agent. If it sticks, Zillow's lead-gen empire could be in serious jeopardy.

🏢 Compass Buys Anywhere for $1.6B — The biggest brokerage merger in recent memory. Coldwell Banker, Century 21, Sotheby's, and more under Compass' roof. But the real question: is NAR the biggest loser in this power shift?

📉 Buyer's Market 2025 — Data shows this summer was the strongest buyer's market in over a decade. Is the tide finally turning for buyers?

🏦 The Fed Cuts Rates (But Mortgage Rates Didn't Budge) — The Fed made its move, but borrowing costs aren't dropping as fast as expected. We unpack why.

📊 Market Data Check

Home prices ticked up 0.2% in August

Housing supply dropped at the fastest pace in 2 years

Mortgage demand stalled after a short-lived refi boom

🏠 Rent & Lifestyle Trends

Single-family rent growth is finally showing weakness

High housing costs are forcing tough choices: delaying kids, giving up pets, and reshaping family plans

🤔 Buy Now or Wait? — With mortgage rates easing and competition low, homebuyers face a crucial decision: jump in now, or gamble on rates falling further?

👉 Subscribe to This Week in Real Estate (tWiRE) for sharp, no-fluff analysis on the headlines shaping housing, mortgages, and the future of our industry.

📉🏡 Mortgage rates just dropped to a 3-year low, the Fed is set to announce new rate cuts, Opendoor says 85% of its staff isn't needed, and Zillow launches an AI tool that could completely change how buyers shop for homes.

This week on tWiRE Podcast (This Week in Real Estate), we're unpacking the biggest stories shaking the housing market, Wall Street, and the real estate industry:

- Fed Watch: Policymakers signal fresh rate cuts are on the way—what that means for buyers, sellers, and investors.

- Mortgage rollercoaster: Rates hit a 3-year low and refinance demand surges nearly 60%.

- Las Vegas Realtors purge a new board member after inflammatory Charlie Kirk posts spark outrage.

- Appraisal bias lawsuit moves forward against Rocket Mortgage and Solidifi.

- Opendoor's brutal admission: only 200 of its 1,400 employees are "needed."

- Zillow's new AI Showcase tool lets buyers restyle entire rooms instantly—game-changer or gimmick?

- Wages rising faster than housing costs for the first time in years.

- Builders fight back with incentives even as housing starts remain soft.

- Australia completes its first multi-story 3D-printed home in just 5 months—could this be the future of construction?

💡 Whether you're an agent, investor, or buyer, these shifts signal where housing is headed as 2025 heats up.

🎙 tWiRE Podcast is your go-to for no-fluff, no-fear-mongering real estate news—just sharp analysis and real talk about the headlines shaping your business and your future.

This week on tWiRE Podcast (Episode 332) we're covering the biggest headlines shaking up the housing market, mortgage trends, and real estate industry power moves. From Zillow's copyright war with CoStar to Dave Ramsey calling out "morons" in the influencer world, this episode dives deep into what agents, buyers, and investors need to know right now.

🔑 Key Topics This Week:

Zillow vs. CoStar: Zillow is pulling copyrighted photos ahead of a September deadline—what this means for listings and portals.

Zillow + BHHS Partnership: Berkshire Hathaway agents now get premium Zillow Showcase access.

Dave Ramsey Sounds Off: Why he says some influencer advice is a red flag.

Compass Goes Legal: Hires former NAR attorney as lawsuits heat up.

Keller Williams Rebrand: Can KW really become the "Nike of real estate"?

Homeownership Flatlines: For the first time in nearly a decade, the U.S. homeowner population isn't growing.

Buyer Power Shift: Where buyers finally have leverage in 2025.

Mortgage Rate Relief: Rates fall to their lowest in nearly a year, boosting affordability—but does it bring demand?

Market Value Shifts: U.S. housing added $20T in 5 years, but some markets lost $233B since 2024.

Investor Pullback: Investor purchases fall 6%—biggest drop since 2023.

📊 Why It Matters Agents:

Lawsuits, partnerships, and branding wars are reshaping the industry.

Buyers: Lower rates improve purchasing power, but inventory and affordability remain the choke points.

Sellers: Even with $20T in added value, regional slowdowns are hitting home prices.

Investors: Retreating activity could create openings—or signal deeper risk.

👉 Don't just read the headlines—get the story behind them.

The housing market just dropped a week of headlines too big to ignore:

NAR vs. Mauricio Umansky: A new legal filing takes aim at the PLS platform.

Glenn Kelman: Why Redfin's CEO is still betting on W-2 agents despite layoffs.

Mortgage Rates: Down to 6.52% after Powell's Jackson Hole speech, the lowest in 10 months.

Market Trends: Pending sales tick up, but cancellations hit record highs. Buyers are retreating — and now sellers are too.

Regional Shifts: Vacation towns stall, Las Vegas inventory spikes 31%, and San Francisco becomes the only major metro where housing costs have "returned to normal."

Affordability Crisis: Millennials and Gen Z slash restaurant spending, even skip meals, just to pay rent.

Industry Buzz: Is it finally time to retire the old "Date the Rate, Marry the House" slogan?

👉 We'll unpack what's real, what's hype, and what every agent, buyer, and investor needs to know right now.

📌 Subscribe for weekly housing market analysis and industry insights.

Today on this Week in Real Estate we've got a LOT of economic news!

🚨 Opendoor's Bold New Move… Then Their CEO Steps Down?!

📉 Home prices are falling. 🏘️ Sales are slowing. 🤯 The market is sending mixed signals—and we're breaking it all down.

In this week's tWiRE Podcast, we cover:

🔁 Opendoor launches Cash Plus, trying to reignite demand—just before CEO Carrie Wheeler abruptly resigns. What's going on behind the scenes?

📉 Summer home sales hit a 10-year low—what that tells us about buyer fatigue and seller hesitation.

🏠 Mortgage rates fall again, but is it actually helping buyers?

📊 Home prices drop in 39 of the top 50 U.S. metros, with July prices ticking down for the first time in months.

🧱 Builder confidence remains flat, even as single-family starts creep up.

🗺️ Six maps show a chaotic housing market that's shifting fast.

📉 Weekly mortgage demand stalls, despite better affordability.

🎯 Whether you're an agent, a buyer, or an investor—you need to know what's really happening beneath the headlines. This episode pulls no punches.

👇 Drop your thoughts in the comments and subscribe for weekly real estate insights with no fluff and no fear-mongering.

💬 Join the tWiRE Community: https://chat.whatsapp.com/B5WWEafN3IV1CrzorNY6yP

🚨 RECORD PRICES, LEGAL BATTLES & BIG BROKERAGE WINS — Here's What's REALLY Happening in Real Estate This Week

From Trump's plan to take Fannie Mae & Freddie Mac public to the first buyer brokerage commissions class action in Canada, the real estate world is buzzing — and we're breaking it all down.

📈 Commissions are climbing back to pre-NAR settlement levels, Realtor income is up overall (but 62% of new agents earned under $10K), and Gary Keller warns the recession could last until late 2026.

🏡 Home prices remain at all-time highs, even as cracks appear in some markets. Refinancing demand just jumped 23% — with riskier loans making a comeback. And shockingly, 1 in 5 buyers say they'd compromise safety just to own a home.

💼 In brokerage news, Compass posts record numbers, Rocket finalizes its Redfin deal, and Real Brokerage turns a profit. Meanwhile, Opendoor's stock rally turns hostile as one investor calls for the CEO's removal.

This week's hot topics:

• Trump eyes Fannie Mae & Freddie Mac IPO by year's end
• Canada's buyer commission lawsuit enters the spotlight
• Commissions rebound to pre-settlement rates
• Realtor income trends — who's really winning?
• Big brokerage earnings & M&A moves
• Home prices hold at record highs
• Refi surge & return of riskier loans
• Homebuyers willing to compromise safety for affordability

📌 Whether you're an agent, investor, or homeowner, this episode gives you the facts behind the headlines — minus the fluff.

🔔 Subscribe to tWiRE Podcast for sharp, no-nonsense real estate news every week: https://www.youtube.com/@ThisWeekInRealEstate