Bright MLS: Pocket listing ban won’t hurt discount brokerages

Bright MLS is facing resistance to a new policy that bans pocket listings, but it said Tuesday the rule will still let discount brokerages customize commission offers. Continue reading

Bright MLS defends pocket listing ban in face of Compass threat

The multiple listing service invited Compass to discuss a policy that bans off-market listings, but said it’s not afraid of a lawsuit and won’t back down. Continue reading

Compass sends ‘pre-litigation letter’ to Bright MLS over pocket listing policy

Amid a heated industry-wide debate over off-market listings, Compass this week sent a “pre-litigation letter” to Bright MLS threatening legal action over the multiple listing service’s new pocket listing policy. Continue reading

Feds tweak regulations to lure banks back to FHA loans

A decade after the Great Recession, the federal government wants to lure banks back into the Federal Housing Administration program that caters to first-time homebuyers, and this week announced regulatory changes meant to make that program more appealing. Continue reading

Minneapolis has officially eliminated single-family zoning

A year after issuing a preliminary approval, the Minneapolis City Council approved the Minneapolis 2040 plan in a 12-1 vote on Friday. Continue reading

Minneapolis has officially eliminated single-family zoning

A year after issuing a preliminary approval, the Minneapolis City Council approved the Minneapolis 2040 plan in a 12-1 vote on Friday. Continue reading

Washington DC’s rent-control laws hang in the balance

Affordable housing advocates are taking to the streets of Washington, D.C. this weekend in an attempt to push council members to adopt stronger rent-control laws. Continue reading

LA City Council unanimously passes moratorium on no-fault evictions

The Los Angeles City Council unanimously passed an emergency moratorium on no-fault evictions on Tuesday, one week after tenants in the city pleaded with the council to stop the rash of evictions ahead of the January 1 rent-control law deadline. Continue reading

Real estate big wigs don’t want to be ‘treated like children’ by MLSs

Gary Gold and Mauricio Umansky expressed skepticism Wednesday about multiple listing service policies that would ban pocket and off-market listings. Continue reading

Los Angeles eviction rates boom ahead of rent-control law

Landlords have evicted more than 200 tenants in the Los Angeles area ahead of a Jan. 1 deadline to bypass a 5 percent rent cap. Continue reading