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HomeBright MLS

Bright MLS

Bright MLS
Housing Wire

Bright MLS updates its platform to conform with NAR settlement 

May 31, 2024 Mariel Alumit Comments Off on Bright MLS updates its platform to conform with NAR settlement 

​ Bright MLS, the nation’s second-largest multiple listing service, is set to overhaul its platform this summer to align with new standards stemming from the National Association of Realtors’ recent settlement of the real estate […]

MLS
Housing Wire

Study: Listings on Bright MLS show $54,000 benefit for sellers compared to off-MLS

May 17, 2024 Mariel Alumit Comments Off on Study: Listings on Bright MLS show $54,000 benefit for sellers compared to off-MLS

​ With the latest industry turmoil around compensation, steering and more due to lawsuits and the investigation by the Department of Justice, those outside the housing industry would assume the benefit to listing a home […]

Bright MLS
Housing Wire

Bright MLS teams up with Collabra Technology

January 25, 2024 Mariel Alumit Comments Off on Bright MLS teams up with Collabra Technology

​Agents subscribed to Bright MLS now have access to a built-in advertising tool through a new partnership with Collabra Technology, according to an announcement on Tuesday. Through the Bright MLS platform, subscribers will have access […]

Bright MLS
Housing Wire

Buyers will have more options in 2024, but affordability woes will persist: Bright MLS

November 30, 2023 Mariel Alumit Comments Off on Buyers will have more options in 2024, but affordability woes will persist: Bright MLS

Bright MLS released its National Housing Market Outlook on Wednesday, which shows that affordability will remain the biggest challenge for homebuyers next year. Homebuyer traffic will increase in 2024, fueled by lower mortgage rates and […]

Housing Wire

Bright MLS to allow $0 buyer broker commissions

July 24, 2023 Mark Paul Cervantes Comments Off on Bright MLS to allow $0 buyer broker commissions

The nation’s second largest multiple listing service, Bright MLS, will begin allowing listing agents to put in a blanket offer of compensation for buyer brokers of zero dollars or more, starting on August 9. This […]

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U.S. Market

Rocket
Housing Wire

Rocket lost money last year, so why are its shares up?

February 25, 2024 Comments Off on Rocket lost money last year, so why are its shares up?

​ Rocket Companies, the parent of Rocket Mortgage, lost money in 2023, but executives have expressed confidence about a big turnaround by touting investment in artificial intelligence (AI) to accelerate the company’s profitability. Despite reporting […]

delinquency rates
Housing Wire

Industry experts are closely watching delinquency rates, insurance costs

February 25, 2024 Comments Off on Industry experts are closely watching delinquency rates, insurance costs

​ Mortgage servicers, regulators and economists are closely watching the delinquency rates for Federal Housing Administration (FHA) loans following a spike in the fourth quarter of 2023. Industry experts say that although there’s a correlation […]

Jobs
Economy

Jobs data sends mortgage rates higher

February 3, 2024 Comments Off on Jobs data sends mortgage rates higher

​ Today we got a jobs Friday hat trick! Better headline jobs were reported, with positive revisions and more robust wage growth, which caught bond traders off guard and sent bond yields and mortgage rates […]

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