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
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
Data and multiple listing services: A love story?
Speakers at Inman Connect New York on Tuesday urged MLSs to adopt new datasets and make sure to share them in ways that are useful to agents and consumers
by Andrea V. Brambila Jan 25
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