Joint venture owned by CRMLS, Bright begins selling MLS data 
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
Housing still biggest contributor as inflation slowed pace in February
While the Consumer Price Index jumped a modest 0.4% month over month, the collapse of Silicon Valley Bank and Signature Bank could keep rate hikes at bay, economists said Tuesday
by Ben Verde Mar 14
Bright, CRMLS, REcolorado unify to launch consumer search site
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
by Craig C. Rowe Jan 24
The 2023 housing market: A real estate 'reckoning is at hand'
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
by Andrea V. Brambila Dec 28
New-home sales continue modest rise — but market 'lull' lies ahead
New-home sales rose 5.8% to a seasonally adjusted rate of 640,000, according to data released Friday by the US Census Bureau and Department of Housing and Urban Development
by Ben Verde Dec 23
Bright becomes first multiple listing service to hire a chief data officer
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
Pending sales fell in October for the fifth month in a row
Rising rates and nervous consumers have set up the housing market for its 'slowest fourth quarter in a decade,' according to one economist
by Jim Dalrymple II Dec 1
NAR asks US Supreme Court to overturn pocket listing ruling
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
by Andrea V. Brambila Sep 29
A man laying brick using mortar
Monthly housing starts rose 12.2% in August to a seasonally adjusted rate of 1,575,000, according to US Census Bureau data released Tuesday. August 2022 levels fell 0.1% year over year
by Ben Verde Sep 20
MLS-listed homes sell for more, a new study claims. But there's 1 twist
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
by Andrea V. Brambila Aug 31
New MLS company will sell data, pay brokers for their listings
REdistribute, a joint venture formed by California Regional MLS and Bright MLS, plans to deliver aggregated MLS data to financial institutions starting in 2023
by Andrea V. Brambila Jul 14
An open letter to MLSs and their member brokerages
Opinion
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
by Brian Donnellan AND Art Carter Jul 14
RentSpree calls on MLSs to include rentals, saying it would help agents
Company says the action would minimize delays for renters, increase efficiency of filling rentals, help agents earn commissions and build their pipelines and standardize the process over time
by Taylor Anderson Jun 28
Bright first MLS to hire a chief economist
Dr. Lisa Sturtevant will help Bright with 'critical business decisions around the company’s data assets' such as evaluating products and partnerships
by Andrea V. Brambila May 19
Inman Connect returns: Big parties, tech's reckoning and a Zillow pile-on
The informative and, at times, raucous event wrapped up this week after a two-year, pandemic-forced hiatus — and highlighted all the ways the real estate industry is still evolving
by Jim Dalrymple II Apr 25