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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.

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

Housing Wire

Bright MLS released its National Housing Market Outlook on Wednesday, which shows that affordability will remain the biggest challenge for homebuyers next year. Home sales are expected to rise, as homebuyers will have more options to choose from. However, market activity is still projected to remain well below typical levels.

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Pending home sales recede in January: NAR

Housing Wire

January pending home sales leveled off after December’s surge but remained steady. The softening in sales was primarily a factor of wintry weather rather than declining demand, according to Bright MLS chief economist Lisa Sturtevant. Pending home sales dropped 4.9% Pending home sales dropped 4.9% in December.

Sales 427
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6 strategies to get more from your MLS searches

Housing Wire

It’s time to get more creative, aggressive and profitable with your MLS searches. Finding the right house for your buyers in today’s market is a bit like a safari. 6 strategies to actively and creatively mine your MLS 1. Search for homes that have 30-plus days on the market, even 60- or 90-plus days as well.

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Opinion: Local MLS broker marketplaces, rules equitably advance American homeownership

Housing Wire

In reality, consumers are better off and business competition thrives very much because of NAR’s rules and how well local Multiple Listing Service (MLS) broker marketplaces function. The free market establishes broker commission costs based on things like service quality, value for price and market conditions.

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Existing-home sales grew in November after months of declines

Housing Wire

Sales of existing-homes inched up in November, breaking a streak of five consecutive monthly declines. While sales are still tracking below last year’s levels, the gap between 2022 and 2023 has narrowed considerably. Existing-home sales grew 0.8% Existing-home sales grew 0.8% Looking at the four major U.S.

Sales 427
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Existing-home sales make a comeback in January: NAR

Housing Wire

Existing-home sales picked up in January as buyers took advantage of the lowest mortgage rates seen in several months. Existing-home sales rose 3.1% Year over year, sales dipped 1.7%, down from 4.07 Year over year, sales dipped 1.7%, down from 4.07 Year over year, sales increased in the West and decreased everywhere else.

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