Tag Archives: bright mls

Bright MLS breaks with NAR policy on commissions

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Starting Aug. 9, the nation’s second-largest MLS will allow listing brokers to offer buyer brokers nothing in compensation, according to an announcement from Bright. Continue reading →

Home prices ticked up in April as market faced a mixed bag

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One new figure shows home prices rose in April compared to March but fell year over year. Economists, however, are fairly upbeat. Continue reading →

Inflation is falling. So what happens next? Here’s what economists say

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The impact of high housing costs is expected to fall out of inflation, giving cover for the Federal Reserve to stop raising interest rates, economists said. But there are still warning signs. Continue reading →

CoStar to sunset Homesnap brand this year as it transitions to Homes

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The real estate juggernaut is sunsetting the Homesnap brand name and products by the end of the year in favor of transitioning users to its dominant residential real estate brand Homes.com. Continue reading →

Frank Major, trailblazer who carved path as Bright MLS’s first CTO, dies

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Frank Major was known for his kindness, brilliance and contributions to real estate innovation. “Like many of us, I will greatly miss his friendship,” Bright MLS CEO Brian Donnellan said. Continue reading →

Joint venture owned by CRMLS, Bright begins selling MLS data 

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REdistribute aims to aggregate and distribute data for MLSs and participating brokers, sell it to institutions — including government-sponsored entities — and share the revenue with brokers. Continue reading →

Housing still biggest contributor as inflation slowed pace in February

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While the Consumer Price Index jumped a modest 0.4 percent month over month, the collapse of Silicon Valley Bank and Signature Bank could keep interest rate hikes at bay, economists said Tuesday. Continue reading →

Housing still biggest contributor as inflation slowed pace in February

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While the Consumer Price Index jumped a modest 0.4 percent month over month, the collapse of Silicon Valley Bank and Signature Bank could keep interest rate hikes at bay, economists said Tuesday. Continue reading →

Bright, CRMLS, REcolorado unify to launch consumer search site

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Nestfully will offer seamless desktop, mobile and native iOS and Android app experiences and provide the latest listing and just-sold information, according to company. Continue reading →

The 2023 housing market: A real estate ‘reckoning is at hand’

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Economists and other housing experts predict the market will be more balanced among buyers and sellers. Home prices won’t change much while mortgage interest rates will continue to dip. Continue reading →