Fed Officials Warn on Inflation Risks, Phoenix Realtors® Settle MLS Dispute, REMAX Reports Decline in Revenue but Strong Profit Growth
Fed Officials Warn on Inflation Risks Federal Reserve officials are expressing continued concern about inflation despite recent signs of economic stabilization. St. Louis Fed President Alberto Musalem warned that rising inflation expectations could... Read more ->
US Housing Market Gains $2.5 Trillion, CoStar Bids $1.72 Billion for Domain, Fannie Mae Forecasts Strong 2025 Economy
OTA Staff
- 4 min.
US Housing Market Gains $2.5 Trillion In 2024, the combined value of U.S. homes surged by $2.5 trillion, reaching a total of $49.7 trillion, according to a new report from Redfin. This marks... Read more ->
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 ->
