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 ->
Federal Housing Finance Agency (FHFA) Loan Limits Increased Again for 2025
OTA Staff
- 3 min.
FHFA Loan Limits Increased Again for 2025 The Federal Housing Finance Agency (FHFA) has confirmed an increase in loan limits for 2025, marking the ninth consecutive year of adjustments. Effective January 1, 2025, the... Read more ->
Pending home sales surged 2.0% in October
OTA Staff
- 5 min.
Pending Home Sales surged 2.0% in October, marking the third consecutive month of gains, according to the National Association of REALTORS®. All four major U.S. regions experienced month-over-month increases, with the Northeast leading... Read more ->
October New Home Sales Drop 17.3% Amid Rising Mortgage Rates and Affordability Challenges
OTA Staff
- 5 min.
New Home Sales Drop 17.3% October saw a significant drop in New Home Sales, as higher mortgage rates and ongoing affordability challenges kept many buyers on the sidelines. According to new data from... Read more ->
Judge Grants Final Approval for NAR Commission Lawsuit Settlement
OTA Staff
- 5 min.
Commission Lawsuit Settlement The landmark Commission Lawsuit settlement involving the N.A.R. has officially received final approval, marking a major shift in how real estate commissions will be handled across the country. On Tuesday,... Read more ->
What is the Federal Reserve
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 ->
Nonprofit News Organization Exposes IHA’s Mismanagement of Section 8 Program
Section 8 Program A six-month investigation by Mirror Indy, a non-profit news organization, reveals a troubling pattern of mismanagement at the Indianapolis Housing Agency (IHA), which has failed the very renters it was... Read more ->
DOJ Opposes NAR Commission Settlement Just Ahead of Tomorrow’s Deadline
DOJ Opposes NAR Commission Settlement In a last-minute move, the DOJ has filed a statement of interest opposing the National Association of Realtors' (NAR) commission lawsuit settlement, just days before its final approval.... Read more ->
