Construction News Today — July 15, 2026
Zillow says conspiracy, MRED and Compass say Zillow did this to itself and more — today's construction signal.
The real estate and construction industries are seeing a mix of challenges and opportunities. Zillow is at the center of a controversy, with the company claiming a conspiracy against it, while others, including MRED and Compass, suggest that Zillow's own actions led to its current situation. Meanwhile, regulatory bodies are providing guidance on credit risk related to unauthorized workers, which may impact construction and real estate financing.
In other news, mortgage rates are trending higher, but signs of cooling inflation may bring relief in the near future. There are also changes happening in the leadership ranks, with Dream Finders announcing the appointment of former Lennar co-CEO Rick Beckwitt as board co-chair. Additionally, financial institutions are adjusting their expectations for interest rate hikes, with some predicting that a July rate hike is unlikely due to a significant miss in June inflation numbers. Finally, Closinglock has introduced new features to streamline transactions, including payoff retrieval and verification.
Today's signal:
• Zillow says conspiracy, MRED and Compass say Zillow did this to itself (housingwire.com)
• Bank regulators issue guidance on credit risk for unauthorized workers (housingwire.com)
• Mortgage rates move higher, but cooling inflation should provide relief (housingwire.com)
• Dream Finders names former Lennar co-CEO Rick Beckwitt as board co-chair (housingwire.com)
• July rate hike should be off the table with big June inflation miss (housingwire.com)
• Closinglock adds payoff retrieval, verification (housingwire.com)