Buying a Starter Home Costs $1,000 More Per Month Than Renting, Compared to a $233 Average
OTA Staff
- 4 min.
Starter Home Costs More Than Renting A new study by John Burns Research and Consulting reveals that purchasing a starter home still costs, on average, $1,091 more per month than renting the same... Read more ->
What is the Federal Reserve
OTA Staff
- 2 min.
The Federal Reserve, Or the Fed, is the central bank of the United States. It plays a key role in shaping the nation’s economy. For real estate agents, understanding what the Federal Reserve... Read more ->
Basic Allowance for Housing Rates to Increase 5.4% in 2025
OTA Staff
- 4 min.
Basic Allowance for Housing Rates The U.S. Department of Defense has announced that Basic Allowance for Housing (BAH) rates will increase by 5.4% on average in 2025, effective January 1st. This follows a... Read more ->
Alexander Brothers Tal and Oren Denied Bail in Sex Trafficking Case
OTA Staff
- 5 min.
Alexander Brothers Tal and Oren Denied Bail Top real estate agents Tal and Oren Alexander, along with their brother Alon, are facing serious charges of sex trafficking and sexual assault. The brothers, known... Read more ->
New AARP Report Reveals Boomers Are Stuck in Place for Housing Options
OTA Staff
- 5 min.
AARP Report A growing challenge for real estate agents and policymakers: the desire of older adults to age in place. According to the 2024 AARP Home and Community Preferences Survey, 75% of adults... Read more ->
Realty ONE Group Gives Agents the Choice to Operate Without NAR Affiliation
OTA Staff
- 5 min.
NAR Affiliation Realty ONE Group International is shaking up the real estate industry in Phoenix, Arizona. Starting January 1, 2025, real estate professionals affiliated with Realty ONE Group's eight metro locations will have... Read more ->
NAR Nonprofit Tied to Conservative Funding
NAR Nonprofit Tied to Conservative Funding Known for its political neutrality, the NAR Nonprofit and its parent organization, NAR, maintain a reputation for bipartisan advocacy. NAR’s political action committee, one of the largest... Read more ->
Housing Market Forecast for 2025
OTA Staff
- 4 min.
Market Forecast 2025 As we look ahead to 2025, the housing market forecast presents many considerations for both buyers and sellers. More listings are entering the market, but rising mortgage rates are affecting... Read more ->
Rocket Mortgage vs. HUD
OTA Staff
- 4 min.
Rocket Mortgage is taking legal action Against the U.S. Department of Housing and Urban Development (HUD), alleging the agency is “unfairly” holding the lender accountable for an independent appraiser's actions in a controversial... Read more ->
Housing Market Adapts to ‘New Normal’ of 6% Mortgage Rates
OTA Staff
- 4 min.
Housing Momentum In October, housing contract signings increased by 5.4% compared to last year, signaling continued momentum in the housing market. This marks the third consecutive month of growth in home sales, despite... Read more ->
Mortgage Demand Rises
OTA Staff
- 4 min.
Mortgage Demand Soars Amid Growing Optimism for 2024 Mortgage demand is heating up as interest rates hit their lowest level in over a month, applications for home loans have surged. "Homebuyer demand for... Read more ->
Number 1 ranked Brokerage in Sales Volume Acquires 8th Largest Brokerage
OTA Staff
- 4 min.
Number 1 ranked Brokerage in Sales Compass is making another bold move in the real estate world with a $444 million acquisition of @properties and Christie’s International Real Estate. Chicagoland-based @properties, the eighth-largest... Read more ->
