Zillow just lost most of its Chicago listings. Is the rest of the country next?
AI Summary
Zillow's Chicago home listings were suddenly cut by two-thirds due to an ongoing legal battle with Midwest Real Estate Data (MRED), a local MLS. This conflict, which has lasted for a year, escalated when MRED blocked Zillow's access to listings, although a federal judge has temporarily reversed this move. This incident highlights potential antitrust issues and raises concerns about the future of Zillow's national listings, suggesting a broader impact on the real estate market if the dispute isn't resolved soon.
Original Source
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