0:24 - So, it's 2025. I know. I have NO idea why my brain said 2023 and I said it. None. ¯\_(ツ)_/¯

This week on tWiRE: This Week in Real Estate, lawsuits, legislation, and market turbulence take center stage. Compass has launched a legal missile at the Northwest MLS, dragging Windermere into the crossfire—claiming the cost of “waging war” is weighing them down. Meanwhile, a Texas Senate bill is aiming to dismantle NAR’s controversial hate speech policy, igniting a fresh political battle in the real estate world.

Vrbo gets slammed over a misleading Super Bowl ad after a complaint by Airbnb, proving that in the short-term rental wars, no move goes unchecked.

On the market side, homebuyer mortgage demand continues to dip amid mounting economic uncertainty, even as mortgage rates ease slightly. Sellers still want $39,000 more than buyers are willing to pay, and home prices are now falling in 11 of the 50 largest U.S. metros—especially in parts of Florida, Texas, and the Bay Area.

But it’s not all doom and gloom: pending home sales spiked 6.1% in March, hinting at a potential wave of pent-up demand. And in Houston, the legendary “Darth Vader House” finally sold for $3.4 million—set for a villain-to-visionary rebrand.

🔑 Topics covered:

• Compass vs NWMLS: New lawsuit drama

• NAR hate speech policy under fire in Texas

• Vrbo hit with ad penalty after Airbnb protest

• Mortgage demand drops… again

• Buyers vs Sellers: A $39K expectation gap

• Home prices slip in key metros

• Houston’s “Darth Vader House” sold

• Is a buyer wave coming?

• Monthly payments fall in key cities

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