Mortgage Rates are on the Rise, Again
OTA Staff
- 4 min.
Mortgage Rates are set to rise Following yesterday’s victory in the 2024 presidential election. The Associated Press projects that Republicans have secured critical battleground states—North Carolina, Georgia, Pennsylvania, and Wisconsin—securing a second nonconsecutive... Read more ->
N.A.R Reports First-Time Buyers Hit Historic Low
OTA Staff
- 4 min.
First-Time Buyers: N.A.R Reports Hit Historic Low The share of First-Time Buyers has dropped to a historic low of 24%, down from 32% just a year ago, as First-Time Buyers face skyrocketing home... Read more ->
IRS Increases Contribution Limits and Launches
OTA Staff
- 5 min.
401 Contribution: Increases Limits and Launches Super Catch-Up Option for Ages 60-63 in 2025 By IRS The IRS has announced that starting in 2025, those aged 50 and up will be able to... Read more ->
Levi and Korsinsky Launches Investigation into eXp World Holdings
OTA Staff
- 5 min.
Levi and Korsinsky Launches Investigation into eXp World Holdings for Potential Securities Violations Law firm Levi and Korsinsky has announced the commencement of an investigation into eXp World Holdings, Inc., trading on NASDAQ... Read more ->
CoStar Group’s Q3 Earnings Reports Record Traffic at Homes.com
OTA Staff
- 5 min.
Homes.com Shines in CoStar’s Q3 Earnings Report CoStar Group, ticker symbol CSGP, has released its third-quarter earnings for 2024, showcasing a blend of resilience and challenges in a competitive market. Homes.com played a... Read more ->
Largest Home Builder Sounds Alarms
OTA Staff
- 5 min.
Largest Home Builder Challenge D.R. Horton, the nation’s largest home builder, is raising alarms about new challenges ahead. In its recent fiscal fourth quarter, the largest home builder reported closing sales of over... Read more ->
President Scott Durkin Fired Following CEO Lorber’s Exit
OTA Staff
- 5 min.
Scott Durkin In a dramatic shake-up at Douglas Elliman Realty, Scott Durkin, the president, was fired on Friday, just days after the unexpected retirement of CEO Howard Lorber. The announcement came via a... Read more ->
Consumer Financial Bureau Looks to Regulate Appraisal Industry
OTA Staff
- 5 min.
Appraisal industry is buzzing As the Consumer Financial Protection Bureau, or CFPB, seeks input on appraisal fees. In a recent Request for Information, the CFPB aims to tackle what it calls “junk fees”... Read more ->
U.S. Treasury Grants $250 Million in Affordable Housing
OTA Staff
- 5 min.
US Treasury Grant Department is set to award Nearly $250 million to financial institutions and nonprofits, aiming to create around 30,000 units of affordable housing across the country. Treasury Secretary Janet Yellen announced... Read more ->
4th Quarter Economic Update with Tammy Wittren
Tammy Wittren
- 29 min.
The 4th Quarter Economic Update with Tammy Wittren is a vital video series designed specifically for real estate agents seeking to enhance their understanding of the current housing market in the United States.... Read more ->
Rocket Mortgage Sued for Discrimination
OTA Staff
- 5 min.
Rocket Mortgage Sued for Allegedly Discriminating Against Black Homeowners. The U.S. Justice Department has filed a significant lawsuit against Rocket Mortgage Sued and two appraisal firms for allegedly discriminating against a Black homeowner... Read more ->
Taylor Morrison Home Builder Posts Better Than Expected Earnings in Q3
OTA Staff
- 5 min.
Taylor Morrison Reports Strong Q3 Earnings In a strong performance, Taylor Morrison Home, ticker symbol TMHC, has reported better-than-expected sales for the third quarter of 2024. The homebuilder Taylor Morrison posted revenues of... Read more ->
