Redfin Faces New Legal Scrutiny in Video Privacy Lawsuit

1 Credits

Redfin is facing increasing legal scrutiny as an amended complaint has been filed in a video privacy lawsuit,

Redfin is currently facing legal scrutiny over its privacy practices. A revised complaint has been filed in a lawsuit initially brought by Guillermo Mata. The lawsuit, filed in June in the U.S. District Court for Southern California, raises concerns that Redfin may have violated the Video Privacy Protection Act and the California Invasion of Privacy Act. The complaint suggests that Redfin may have shared user information, including names and email addresses, with third-party companies like Meta, Google, Microsoft, and Reddit without explicit user consent.

The lawsuit alleges that Redfin used tracking technologies, such as pixels, to collect data on videos viewed by its users and may have shared this data with external entities. Redfin, in a 2023 Securities and Exchange Commission filing, disclosed that it uses tracking technologies on its site and acknowledged potential legal risks related to their use.

Redfin is now dealing with the possibility of the case achieving class-action status and seeking a jury trial. The lawsuit could set a precedent for how privacy is handled by online real estate platforms like Redfin, potentially changing how these companies collect and share data. Redfin’s legal team is preparing for a long battle as privacy issues become more prominent in the digital age.

If the court sides with the plaintiff, Redfin may be forced to rethink its data collection methods, which could affect how Redfin and other platforms operate in the future.

Source: Link

Governor Healey Signs $5.16B Affordable Homes Act to Tackle MA Housing Crisis

Massachusetts Governor Maura Healey has signed the Affordable Homes Act, marking the largest housing legislation in state history. The bill dedicates $5.16 billion over the next five years to address the state’s growing housing crisis. This ambitious law aims to create, preserve, and rehabilitate over 65,000 homes and introduces 49 key initiatives to boost housing affordability.

Key provisions include allowing accessory dwelling units (ADUs) on single-family lots and investing $2 billion into modernizing public housing. The bill also incentivizes converting vacant commercial spaces into housing and supports sustainable housing projects. Governor Healey emphasized the act’s goal of creating homes for residents at all life stages, while Lieutenant Governor Kim Driscoll highlighted its role in strengthening local economies.

The legislation also establishes new policies for seasonal communities, particularly in areas like Cape Cod and the Berkshires, and creates a $50 million Momentum Fund to accelerate multifamily housing development. Governor Healey described the law as a “monumental step forward,” ensuring that housing is accessible, affordable, and plentiful for all Massachusetts residents.

Source: Link

Michael Jordan’s $15M Highland Park Mansion Still Unsold After 12 Years on Market

And finally in celebrity news, basketball legend Michael Jordan may be adding another record to his list—a mansion that just won’t sell. His 56,000-square-foot estate in Highland Park, north of Chicago, has been on the market since 2012, originally listed at $29 million. Despite price drops to around $15 million, it remains unsold.

The mansion is distinctly “Jordan,” featuring a gate with his iconic number 23, a full-size basketball court, and a custom poker room. Listing agent Katherine Malkin says these personal touches are part of the appeal, but they may also limit its buyer pool. The estate’s features include doors from the original Playboy Mansion, a built-in aquarium, and a putting green with Jordan’s Nike logo.

Despite a variety of marketing tactics—including viral videos and a promise of Air Jordan sneakers for the buyer—no deals have been made. Potential buyers must sign nondisclosure agreements to tour the property, and Jordan is not planning any further price cuts.

For now, Jordan is content to wait for the right buyer, someone who values both the legacy and the luxury of this unique home.

Source: Link

About 3 Things You Need to Know

Stream “3 Things You Need to Know” with Kayla Walsh, your essential daily update on the real estate world! Airing Monday through Friday, Kayla brings you the top three stories that matter most in real estate.

From economic shifts and housing market trends to celebrity property news and Federal Reserve updates, she delivers the crucial facts without opinion or editorializing.

With Kayla’s straightforward approach, you get the information you need to make well-informed decisions about your real estate ventures. Whether you’re an industry professional, a prospective buyer, or simply interested in market trends, “3 Things You Need to Know” keeps you in the loop with clarity and accuracy.

Start your day with Kayla Walsh for your daily real estate review.

3 Things You Need To Know – Copyright 2024 – OnTrack Agent

Buy Now

---