Tag Archives: bright mls

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 →

New-home sales continue modest rise — but market ‘lull’ lies ahead

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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 →

Bright becomes first multiple listing service to hire a chief data officer

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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 →

Pending sales fell in October for the fifth month in a row

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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 →

NAR asks US Supreme Court to overturn pocket listing ruling

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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 →

New construction scores a modest win as housing starts jump 12%

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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 →

MLS-listed homes sell for more, a new study claims. But there’s 1 twist

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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 →

New MLS company will sell data, pay brokers for their listings

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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 →