New Home Sales Increase in February After January Decline
A slight decline in mortgage rates, coupled with limited existing inventory, helped new home sales inch higher in February, in ...
Tag: BrightMLS
Pending Home Sales Up 2.2% in November as Consumers Adjust Mortgage Rate Expectations
Pending home sales rose 2.2% in November, marking the fourth consecutive month of increases and the highest level since February ...
Existing-Home Sales See Strongest Year-Over-Year Increase Since 2021
Existing-home sales continue to rise year-over-year for the second month as economists say buyers are feeling more positive about their ...
Inventory Increases in the Mid-Atlantic, Bright MLS Reports
Declining mortgage rates and more inventory are making the market slightly less challenging for homebuyers in the Mid-Atlantic, according to ...
REPORT: Mid-Atlantic Housing Market Moving Toward Balance
There are signs that the market is gradually heading towards more balance across much of the Mid-Atlantic, according to new ...
Bright MLS Partners With TrustFunds for Electronic Earnest Money
Bright MLS has announced a collaboration with TrustFunds to integrate electronic earnest money services into the Bright MLS platform. As ...
Dispelling Myths About Commissions and the MLS
Editor’s note: The following ‘Myths vs Facts’ were excerpted from recent research, “Dispelling the Myths About Real Estate Commissions and ...
Economists Weigh in on the Future of First-Time Buyers
Although we're in the midst of a market correction, the future of the housing market is still up in the ...
How High Mortgage Rates Are Impacting the Housing Market—and Consumers’ Moods
In August, mortgage rates surpassed 7%, hitting a more than two-decade high. At the beginning of 2023, most housing-market watchers ...
Protecting the Past Without Defining the Future Is Not a Strategy
For the past several decades, the MLS has maintained data quality and efficiency rules that benefit all. We are the ...
10 Key Strategies From Experienced Agents to KO the Competition
It’s an intense competition to not only land clients and listings, but to decisively defeat competing agents by closing sales and collecting commissions. Read more.
Business Tip of the Day provided by
