Bright MLS

Stellar MLS, Miami Realtors sign reciprocal access agreement

Stellar MLS, the largest MLS in Florida, and the Miami Association of Realtors, the nation’s largest local Realtor association, have entered into a reciprocal access agreement, the groups announced Friday.  Stellar MLS currently serves about 30% of Florida’s land area across 18 counties and Puerto Rico. With this agreement, Stellar MLS members will now have […]

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MLSs gear up for the implementation of NAR’s delayed marketing

The National Association of Realtors’ (NAR) Multiple Listing Options for Sellers (MLOS) Policy is slated to go into effect on September 30, and MLSs across the country are gearing up for the implementation of the policy.  The policy, which was announced in early March, outlines the creation of delayed marketing exempt listings. According to the

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Tech Pulse: Trendsetters nominations open, AI sales agent eases mortgage process

Welcome back to Tech Pulse — HousingWire‘s weekly series rounding up the latest in technology news, including tools, integrations and trends that impact mortgage and real estate. Here’s what happened this week: Where Are They Now? Looking back at the first class of Tech Trendsetters As HousingWire opens nominations for the 2025 Tech Trendsetters award, we’re looking back at the

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New-home sales continue to slide in July, bringing down prices

The number of new-home sales in July may have only fallen slightly from a month prior, but it is meaningfully lower than a year ago, according to data released Monday by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.  New-home sales dropped to 652,000 units in July, down 0.6% from

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Bright MLS: Housing market shifts toward necessity, balance

The U.S. housing market is entering a new phase defined less by competitive bidding and more by financial stress and practical necessity, according to a second-quarter Bright MLS agent survey released Friday. The findings reveal a marked departure from previous years’ demand-driven trends, with both home buyers and sellers increasingly motivated — or discouraged —

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Plaintiffs’ attorneys are checking on NAR settlement compliance

Almost 11 months have passed since the business practice changes mandated by the National Association of Realtors’ (NAR) commission lawsuit settlement agreement went into effect. Now, the co-lead counsel for the settlement class is looking to find out if the parties are complying. In a letter sent in April but filed in court last week, the

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‘I want one source’: Consolidation is picking up in the MLS space

The housing industry is currently rife with consolidation, but the same wave of mergers and acquisitions has not taken the multiple listing service (MLS) sector by storm.  Over the past two decades, the number of MLSs across the country has greatly decreased. As recently as a decade ago, there were more than 900 MLSs. But

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Do you get déjà vu? The PLS sues NAR — again

If you are familiar with ThePLS.com’s original antitrust suit filed in 2020 against the National Association of Realtors over NAR’s Clear Cooperation Policy (CCP), reading the new suit filed Tuesday might give you déjà vu.  In its 31-page complaint filed in U.S. District Court in Los Angeles, the PLS notes that “Paragraphs 1-121 of this

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It’s official: DOGE cuts are impacting the DC housing market

When Elon Musk was given control over much of the federal government staffing levels at the start of President Donald Trump’s second term, real estate professionals in Washington, D.C., wondered if the sweeping layoffs would impact the housing market. While everyone has taken a wait-and-see approach, it’s getting hard to deny that people are moving

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Central Virginia MLS, Bright MLS finalize data integration

Central Virginia Regional Multiple Listing Service (CVR MLS) and Bright MLS have finalized a data sharing agreement that integrates real estate listings across a multistate region, the organizations announced Wednesday. The collaboration allows agents and brokers from both MLSs to access current and historical property data across central Virginia and six other states — improving

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