New-home sales rose 5.8 percent to a seasonally adjusted rate of 640,000, according to data released Friday by the U.S. Census Bureau and Department of Housing and Urban Development. Continue reading
Thomas Morgan’s appointment aims to “redefine what it means to be an MLS” and falls in line with other high-profile hires this year that are also at least somewhat unusual for an MLS. Continue reading
Rising rates and nervous consumers have set up the housing market for its “slowest fourth quarter in a decade,” according to one economist. Continue reading
An appeals court allowed The PLS’s case against the Clear Cooperation Policy to proceed in April, but NAR hopes a review from the nation’s highest court will change that. Continue reading
Monthly housing starts rose 12.2 percent in August to a seasonally adjusted rate of 1,575,000, according to U.S. Census Bureau data released Tuesday. August 2022 levels fell 0.1 percent year over year. Continue reading
Critics raise issues over conclusion that listing homes on the MLS is what caused higher sales prices and faster transactions, especially if NAR rules mean MLSs have a thumb on the scale. Continue reading
REdistribute, formed by California Regional MLS and Bright MLS, is a joint venture that plans to deliver aggregated MLS data to financial institutions starting in 2023. Continue reading
Bright and CRMLS are working together to create a new, jointly formed company that will work with MLSs to deliver the value of their brokers’ data back to those value creators. Continue reading
The company says the action would minimize delays for renters, increase efficiency of filling rentals, help agents earn commissions and build their pipelines and generally standardize the rental process over time. Continue reading
Dr. Lisa Sturtevant will help Bright with “critical business decisions around the company’s data assets” such as evaluating products and partnerships. Continue reading