Ohio multiple listing service MLS Now appoints new CEO
Garry Marsoubian previously held a leadership position at Bright MLS and has experience working with multiple listing services' data and technology
by Jim Dalrymple II Apr 4
Existing-home sales rose 9.5% amid winter inventory boost
Existing-home sales decreased 3.3% annually in February, according to the National Association of Realtors. However, sales did improve 9.5% from January — signaling that recovery won't be linear
by Marian McPherson Mar 21
Home prices hit high in December as 'solid, steady growth' wins out
Home prices rose 5.5% on an annual basis in December, up from 5% in November, according to dueling data released Tuesday by S&P Global and the Federal Housing Finance Agency
by Ben Verde Feb 27
Home price growth accelerated in November alongside high rates
Home prices increased 5.1% between November 2022 and November 2023, despite falling 0.2% month over month from October
by Ben Verde Jan 30
Mega MLSs, but not NAR, settle pocket listing suit
CRMLS, Bright MLS and MRED told the US District Court of the Central District of California's Western Division they had reached a deal 'in principle' with ThePLS.com
by Andrea V. Brambila Jan 25
Collabra and Bright MLS team to give agents ad tech
Bright MLS subscribers will now get free access to Collabra's AdBuilder and SphereIndex tools, which can be used within Bright's platform
by Jim Dalrymple II Jan 23
Broker Public Portal appoints former RE/MAX exec as CEO
Dan Troup will lead a company founded by brokerages and MLSs, which aims to build an alternative to big portals such as Zillow and Realtor.com
by Jim Dalrymple II Jan 11
Inflation stays flat in October, but shelter costs continue to rise
The index for shelter rose 0.3% between September and October and was up 6.7% year over year, according to CPI data released Tuesday
by Ben Verde Nov 14
Collabra appoints former Bright MLS exec to board of directors
David Charron joins Collabra's board as the real estate technology and analytics company makes a bid to partner with more multiple listing services
by Jim Dalrymple II Nov 13
Fueled by deals, new-home sales soar to highest level in 17 months
New-home sales rose 4.4% in July to an adjusted annual rate of 714,000 as the supply of existing homes continues to drop, according to data released Wednesday by the US Census Bureau
by Ben Verde Aug 23
Bright MLS breaks with NAR policy on commissions
Starting Aug. 9, the nation's 2nd-largest MLS will allow listing brokers to offer buyer brokers nothing in compensation, according to an announcement from Bright
by Andrea V. Brambila Jul 20
Home prices ticked up in April as market faced a mixed bag
One new figure shows home prices rose in April compared to March but fell year over year. Economists, however, are fairly upbeat
by Jim Dalrymple II Jun 27
Inflation is falling. So what happens next? Here's what economists say
The impact of high housing costs is expected to fall out of inflation, giving cover for the Federal Reserve to stop raising interest rates for now, economists said. But there are still warning signs
by Ben Verde AND Taylor Anderson Jun 13
CoStar to sunset Homesnap brand this year as it transitions to Homes
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
Frank Major, trailblazer who carved path as Bright MLS's first CTO, dies
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 Chief Executive Brian Donnellan said