Bob Bemis now at Zillow
Dot-MLS competitor, puzzling helm change
By Sharon Hill
Brian Larson, attorney for the MLS Domains Association, and long-time real estate blogger and litigator, released three distinct announcements about changes at MDA, and its bid to control the pending dot-MLS top-level domain.
1. The China-based owner of www.mls.com, which appears to be an aggregator rather than MLS affiliate, has stepped up to try to claim the dot-MLS as its own – the very thing that the MDA means to thwart with its own ICANN application.
2. The MLS Domains Association has chosen its own registry provider.
3. Bob Bemis, who last week announced his new position at real estate and rental site Zillow, has offered to resign as the MLS Domains Association president and leave behind the dot-MLS project he spearheaded for so long. That’s certainly as it should be, since his new role at Zillow would put him in what some would call the enemy camp. Strangely, his MDA resignation has not been accepted – yet a president elect has been named, in case he leaves. With his relocation to Seattle to take over at Zillow in the spring, Bemis will no longer be CEO of the Arizona Regional Multiple Listing Service. Continue reading
Dismal U.S. real estate outlook Phoenix, elsewhere
According to the latest Real Estate Market Report of listing service Zillow, home values are still on the way down in much of the U.S. Blaming foreclosure moratoriums for some of the negativity in Q410, Zillow reported that 27 percent of US mortgaged homes were underwater at the end of the year, up from 23.2 percent the prior quarter.
“While the [ home buyer] tax credits did not hurt the housing market, they did delay its bottom by interrupting the housing correction that was taking place,” said Dr. Stan Humphries, Zillow chief economist, in the report. “Home value trends in the fourth quarter remained grim, but the good news is that these declines, while painful in the short-term, mean we’re getting closer to the bottom. The housing recession is likely in its death throes, and we expect to see sales pick up in early 2011. That will lead the way to home values stabilizing and an eventual bottom later this year, although it will take several months of increased sales activity before values begin to respond.”
MLS Domains Association expands dot-MLS options
MLS Domains Association signs up MLSs, dot-mls domains
The MLS Domains Association project, created by 15 MLS groups in the US and overseen by Bob Bemis of Arizona Regional Multiple Listing Service, is making some headway since we last talked with them. Local publishers should be aware of the .mls URLs already spoken for.
The ones we know of so far: Continue reading
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