U.S. Homebuilder Sentiment Falls Amid Tariffs and Rising Rates, Homebuyers Shift to Remodeled Homes; Compass Earnings Report
OTA Staff
- 5 min.
US Homebuilder Sentiment Falls Amid Tariffs and Rising Rates U.S. homebuilder sentiment has fallen to a five-month low in February, reflecting growing concerns over the impact of tariffs and higher mortgage rates on... Read more ->
Treasury Yields Climb, Cash Home Purchases Hit 3-Year Low, and CoStar Expands into Agricultural Real Estate with Ag-Analytics Acquisition
OTA Staff
- 4 min.
Treasury Yields Climb Treasury yields are climbing as traders look for clearer guidance on the Federal Reserve’s next moves. The 10-year Treasury yield rose to 4.52%, its highest in a week, following reports... Read more ->
Judge Blocks CFPB Employee Terminations, Californians for Homeownership Sues Los Angeles Over Housing Rezoning, and Fannie Mae Reports $17 Billion Net Income for 2024
OTA Staff
- 4 min.
CFPB : Judge Blocks Employee Terminations A U.S. District Judge has temporarily blocked the current administration’s efforts to terminate employees at the Consumer Financial Protection Bureau (CFPB) without cause. In a court order... Read more ->
HUD to Cut 50% of Workforce as Anywhere Real Estate Reports Strong 2024 Earnings and Palm Beach Market Soars Amid New York Migration
OTA Staff
- 4 min.
HUD to Cut 50% of Workforce The U.S. Department of Housing and Urban Development (HUD) is set to cut 50% of its workforce, according to the agency's union president, Antonio Gaines. The cuts... Read more ->
Federal Reserve Signals No Rate Cuts as Inflation Stays High, Redfin to Lay Off 450 After $100M Zillow Deal, Windermere Appoints Brooks Glenn as DEI Director
OTA Staff
- 5 min.
Federal Reserve Signals No Rate Cuts as Inflation Stays High Hopes for Federal Reserve interest rate cuts have diminished, as a recent inflation report signals the Fed isn't quite ready to ease policy.... Read more ->
Consumer Prices Surge, Fed Chair Jerome Powell Stresses Patience in Senate Banking Committee, Law Firm Investigates Inflated Appraisal Fees
Inflation: Consumer Prices Surge Consumer prices rose more than expected in January, as new inflation data released today revealed that headline prices increased by 3.0% year-over-year, slightly higher than December’s 2.9% gain. Monthly... Read more ->
California REALTORS® Award $1 Million in Housing Grants for Wildfire Victims, $200M Palm Beach Lot Hits Market, Update in the Abduction of Alabama Realtor® Ronald Dumas Jr.
OTA Staff
- 5 min.
CAR Award $1 Million in Housing Grants for Wildfire Victims In response to the devastating wildfires that struck Southern California last month, the California Association of REALTORS® (C.A.R.) is awarding $1 million in... Read more ->
CFPB Shuts Down for a Week Amid Budget Clash, Rocket Makes Super Bowl History with Ad, Alexander Brothers Plead Not Guilty
CFPB Shuts Down for a Week Amid Budget Clash The Consumer Financial Protection Bureau (CFPB) is set to shut down for a week, according to multiple reports. The agency’s headquarters in Washington, D.C.... Read more ->
U.S. Labor Market Resilient in 2025, Fannie Mae’s Home Purchase Sentiment Index Rises, AI Powers U.S. Residential Construction Market Growth
US Labor Market Resilient in 2025 The U.S. labor market showed strong resilience to start 2025, as the unemployment rate fell to 4% in January, down from 4.1% in December, marking the lowest... Read more ->
Senate Confirms Scott Turner as HUD Secretary, Court Backs Kentucky’s Zillow Fees, Report Homeownership More Affordable Than Renting
OTA Staff
- 4 min.
Scott Turner as HUD Secretary The U.S. Senate has confirmed Scott Turner as the new Secretary of Housing and Urban Development (HUD). The 55-44 vote took place on Wednesday, with only two Democrats—Senators... Read more ->
Study Real Estate Commissions Rebound After NAR Settlement, CRMLS Partners with NWMLS and WARDEX Partner, A&E Real Estate Faces Pre-Foreclosure
OTA Staff
- 5 min.
NAR Settlement In the five months following the August 2024 National Association of Realtors settlement, commission rates are showing a surprising rebound. While early data suggested a potential long-term decline, recent figures reveal... Read more ->
Treasury Secretary Bessent Halts CFPB Operations Amid Controversy, Tiny Homes Market Booms and Mortgage Executive Arrested for Fatal DUI Crash
CFPB Treasury Secretary Amid Controversy Treasury Secretary Scott Bessent has been tapped to run the Consumer Financial Protection Bureau, or CFPB, as acting director, after Rohit Chopra was fired on Saturday. Bessent, a... Read more ->
