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CRMLS Rejects Compass Demands and Prepares Legal Defense Fund

CRMLS Rejects Compass Demands and Prepares Legal Defense Fund

by John G. Stevens | Sep 30, 2026 | News, Real Estate News, U.S. Housing Market

California Regional MLS has rejected demands from Compass over rules governing listing cooperation and says it is preparing for possible litigation, escalating a fight over private listings and access to MLS data.CRMLS announced Wednesday that it plans to establish an...
Fannie Mae Gives Unready Lenders Temporary Relief From Nov. 2 UAD 3.6 Mandate

Fannie Mae Gives Unready Lenders Temporary Relief From Nov. 2 UAD 3.6 Mandate

by John G. Stevens | Sep 30, 2026 | Mortgage Information, Real Estate News

Fannie Mae is giving lenders that cannot meet the Nov. 2 deadline for the mortgage industry’s new appraisal-data standard a temporary path to keep submitting legacy UAD 2.6 appraisals into 2027 — but the accommodation comes with increasingly significant...
One in Five Sellers Cut Prices as Buyer Demand Retreats

One in Five Sellers Cut Prices as Buyer Demand Retreats

by John G. Stevens | Sep 30, 2026 | Current News & Events, Real Estate News, U.S. Housing Market

More than one in five U.S. homes for sale had a price reduction in September as higher mortgage rates pushed buyers back and left sellers competing for a smaller pool of demand. The share of active listings with a price cut reached 20.8%, up 0.9 percentage points from...
Valera Homes Launches Four Communities in Greater Houston

Valera Homes Launches Four Communities in Greater Houston

by John G. Stevens | Sep 30, 2026 | Current News & Events, Real Estate News, U.S. Housing Market

A new homebuilding brand has entered Greater Houston with four communities and a focus on buyers seeking new construction at comparatively attainable price points. Valera Homes launched this week with Alicante, Piccolina, Acres Legacy and Enclave at Cypresswood....
Stellar MLS Launches Consumer Home Search That Routes Leads to Listing Agents

Stellar MLS Launches Consumer Home Search That Routes Leads to Listing Agents

by John G. Stevens | Sep 30, 2026 | Current News & Events, Real Estate Agent Tools, Real Estate News, Tech Trends

Stellar MLS has launched a public home-search site that takes a markedly different approach to one of the real estate industry’s most contested questions: who should receive a consumer inquiry generated by a listing? On the new Stellar MLS Home Search, ordinary...
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