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ICE strikes multiyear deal with MLS-owned REdistribute 

Housing Wire

Intercontinental Exchange (ICE) announced a multiyear licensing agreement with REdistribute for permissioned access to multiple listing services (MLS) information. Launched in 2022 by BrightMLS and California Regional MLS , REdistribute is an MLS-owned company that includes licensed data from more than 40 MLSs.

MLS 403
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Saul Klein to lead San Diego MLS in wake of scandal

Housing Wire

Real estate industry veteran Saul Klein is taking over as the CEO and director of SDAR’s wholly-owned San Diego MLS , according to an announcement on Tuesday. “I In July, Mike Mercurio , SDMLS’ longtime CEO left the MLS amid a cloud of alleged inappropriate financial behavior.

MLS 398
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Pending home sales were flat in April, but the South is a bright spot

Housing Wire

After falling for the first time since November 2022 in March , pending home sales remained unchanged in April, according to data released Thursday by the National Association of Realtors (NAR). Year over year, pending home sales were down 20.3%, an improvement on the 23.3% annual drop recorded in March. The Northeast (59.1)

Sales 382
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New home sales surprise in November

Housing Wire

New home sales, to the surprise of many, rose by 5.8% New home sales data last month was much stronger than had been anticipated; the market had expected a contraction of 4.7% New home sales data last month was much stronger than had been anticipated; the market had expected a contraction of 4.7% in November. in November.

Sales 383
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February pending home sales disappoint, but maybe we’re turning a corner?

Housing Wire

Pending home sales rose for the third month in a row in February, but at 0.8%, the uptick over January was less than is typically seen in the run-up to the spring housing market. Pending home sales decreased in all four regions compared to one year ago. Pending home sales rose 0.4% Pending home sales rose 0.4%

Sales 305
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What Does A Bank Sale Look Like In This Market?

Toronto Realty Blog

We can write almost every new sentence on its own line… But just because it’s en vogue, here’s the “hook” for today’s blog post: There are currently 39 properties listed on MLS that are being sold by lenders. Except that it’s being sold by a bank after the bank foreclosed on the owner.

Banks 69
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Mortgage rates decline after Fed pauses hikes once more

Housing Wire

But investors anticipate that the central bank will begin cutting rates this spring. Mortgage rates are also expected to come down this year, according to Bright MLS chief economist Lisa Sturtevant. In December, both pending home sales and new home sales surged. Is the housing market normalizing?

Mortgages 462