Cyberattack on Cincinnati MLS Disrupts Real Estate Market

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Thousands of Realtors and homebuyers in Greater Cincinnati have faced difficulties accessing the local housing market due to a recent cyberattack on the Multiple Listing Services (MLS) data service. Rapattoni Corp., a California-based company that provides software and data services to over 100 MLS nationwide, confirmed that their service had been deliberately targeted.

Realtors have reported being unable to access the MLS for the past couple of days, indicating that the cyberattack likely occurred late on Tuesday or Wednesday. As a result, they are unable to list houses for sale, advertise open houses, update listings, or make any other changes to their listings. This disruption comes at a time when the housing market is already experiencing limited inventory and intense competition.

The impact of the cyberattack is not limited to Realtors, as potential homebuyers are also affected. With limited access to new listings, these buyers are missing out on opportunities in an already challenging market. Realtor Nick Motz expressed concern over the situation, stating that the low inventory situation has worsened due to the MLS outage.

The Cincinnati MLS, which serves approximately 6,000 Realtors, is still experiencing service disruptions as of late Friday morning. The issue has caused frustration and inconvenience for real estate professionals and homebuyers alike, highlighting the vulnerability of technology in the real estate industry. Efforts are ongoing to resolve the cyberattack and restore normal functionality to the MLS data service.

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