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REinventing MLS
Tag Archives: MRED
Daily Morning Roundup – June 25, 2012
Here are some of the top real estate posts on the social networking sites this morning:
Harvard University: Echo Boomers to Drive Recovery – fr/the KCM Blog – http://t.co/QW4YxxAB
Opportunity Cost: apt advice for real estate professionals, from Seth Godin – http://t.co/6qWQ6sr5
MRED Board member Tim Binning wins Broker/Owner of the Year Honor from Re/Max No. IL – http://t.co/n5yxaMWk
So — How Many Licensees Did Illinois Lose In Its Transition? From Chicago Agent Magazine – http://t.co/xP7iUnEj
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Under 35 Population Staying Home But Not Buying One
Great Infographic from the KCM Blog:
MRED’s MLS System Continues to Connect With Its Customers
Newest Version of connectMLS™ Hits a Home Run
LISLE, IL–(Marketwire – Jun 21, 2012) – Midwest Real Estate Data (MRED) (www.mredllc.com), the Chicagoland multiple listing service (MLS), announced the successful implementation of the latest enhancements to its MLS system, connectMLS™.
The connectMLS™ version 4.2 MLS system is the backbone of the local real estate agent’s business. Populated with property listings encompassing the entire Chicagoland market, the MRED system provides access to invaluable information and functionality to all MRED brokers, agents and appraisers who rely on the MLS to conduct their business 24/7 — to either market their sellers’ properties or to find new homes for buyers. Even in the current market, more than $19 billion in real estate sales have been directly supported by the MRED connectMLS™ system in the last year.
MRED and its MLS system vendor, dynaConnections, are always researching ways to improve the MLS and provide even better service and functionality to MRED customers. connectMLS™ 4.2 premiered several cutting-edge features that will maintain its stature of being at the forefront of MLSs across the country.
A few of the new features include: default searches for each property type; saving and instant recall of the previous 20 searches, including a Previous Searches widget on the My MLS home page; Power (Natural Language) Searching; Bing 7 mapping enhancements down to the parcel level; and updated Driving Directions with an integrated Buyer Tour function.
“All MRED staff work tirelessly with dynaConnections to identify, design, test and implement modifications to the connectMLS™ system to increase the functionality and benefits it provides to our customers,” said MRED CEO Russ Bergeron. “We proudly provide connectMLS™, as well as a vast array of the other products and services, because we know we are a critical part of the modern real estate professional’s business. We can’t let up, because they can’t. It’s an incredibly successful partnership that can continue only if we continue to deliver on our part of the bargain.”
About MRED
Midwest Real Estate Data (MRED) is the real estate data aggregator and distributor providing the Chicagoland multiple listing service (MLS) to nearly 40,000 brokers, agents and appraisers and 8,000 offices. MRED serves Chicago and the surrounding “collar” counties and provides property information encompassing northern Illinois, southern Wisconsin and northwest Indiana. For more information, visit: www.mredllc.com.
About dynaConnections Corporation and connectMLS™
dynaConnections Corporation is an Austin-based software company whose flagship product, connectMLS™, is renowned for constant innovation, dedication to service, and providing a one-of-a-kind multiple listing service solution for the real estate industry. connectMLS™ boasts millisecond response time, an intuitive design and seamless access on all devices and web browsers. For over 10 years, dynaConnections and the connectMLS™ solution have been continually exceeding all standards of what the real estate industry expects from an MLS provider. For more information, visit: www.dynaconnections.com.
Daily Morning Roundup – June 18, 2012
Here are some of the top real estate posts on the social networking sites this morning:
Good way to start the week! 6 of the Smartest Things Ever Said About Getting Stuff Done – http://t.co/BKA9ACjr
Another Positive Report for Real Estate from The KCM Blog – http://t.co/HSBJ8Peu
Oh – oh. Foreclosures Strike Back – http://t.co/jIgzpm8c
What’s the Big Deal about Transaction Management? http://t.co/3xYJ1DIk
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May 2012 Monthly Market Report
Spring has brought both change and clarity to our local market. Some sellers are seeing competing bids on their properties which have led to modest price gains. Buyers have fewer options from which to choose in many submarkets. Headlines and sound bites can often mask regional variability. With fewer distressed properties selling, prices are effectively “melting up” due to less downward pressure. May looked pretty good all around.
New Listings in Chicagoland were down 2.3 percent for detached homes and 10.5 percent for attached properties. Listings Under Contract increased 50.2 percent for detached homes and 64.2 percent for attached properties.
The Median Sales Price was up 3.2 percent to $178,000 for detached homes but decreased 3.4 percent to $140,000 for attached properties. Months Supply of Inventory decreased 40.7 percent for detached units and 53.7 percent for attached units.
In economic news, May’s jobs report was disappointing, and there’s a growing concern about the pace of domestic growth. Last month was also unsettling for investors, prompting some to hunt for better returns in the housing market. This forces other consumers up the price ladder. In politics, the Senate approved a 60-day National Flood Insurance Program extension. But with campaign season upon us, major housing-related bills or policy shifts are unlikely.
Click HERE to see MRED’s Monthly Indicators Report for May 2012
[NOTE: Residential Detached and Attached single family activity only.]
Click HERE to see MRED’s Lender Mediated Report for May 2012
[NOTE: Lender-mediated properties are those marked in MRED as “Foreclosed”, “REO”, “Pre-Foreclosure” or “Short Sale”. Residential Detached and Attached single family activity only.]
National Housing Survey
From our friends at Keeping Current Matters (KCM Blog):
MRED Blog 