Industry News

Top real estate stories of 2005

Housing market slows in second half of year; Expedia founders eye real estate for next venture

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2005 was another year of record success in real estate, though the market started to show strong signs of slowing in the second half of the year. Industry participants started thinking and planning more seriously for their approach to online customers. The anticipated entrance of e-commerce veteran Rich Barton into the real estate industry, along with real estate heavyweight Cendant announcing plans to break up its conglomerate into four individual companies, and RealEstate.com eying the real estate brokerage business were among this year's industry highlights. Several controversies also made this a memorable year, including a major antitrust lawsuit filed against the National Association for Realtors and several nationwide title insurance kickback investigations that resulted in millions of dollars being refunded to consumers. Here's a list of our picks for 2005's most memorable real estate stories: Expedia founders to launch real estate company. Not much is known to date about Zillo...