HomeServices CEO Denies Compass Acquisition Talks
OTA Staff
- 4 min.
HomeServices of America CEO Denies Acquisition Talks with Compass HomeServices of America CEO Gino Blefari is denying rumors that the company is in talks to be acquired by Compass. In a statement to... Read more ->
Compass CEO Robert Reffkin Criticizes MLS ‘Monopoly’
Compass CEO Criticizes MLS 'Monopoly' Amid Clear Cooperation Debate Compass CEO Robert Reffkin made waves on Wednesday during an Inman on Tour session in Nashville, sharply criticizing the MLS’s Clear Cooperation policy. He... Read more ->
U.S. Inflation Rate Holds Steady at 2.8% in February
OTA Staff
- 4 min.
Inflation Rate Holds Steady at 2.8% in February, But Economic Concerns Loom Amid Trade Policy and Recession Fears The U.S. annual inflation rate for February remains relatively stable at 2.8%. While down sharply... Read more ->
First-Ever MLS Broker Profit Sharing Program Tied to Listings Launches
OTA Staff
- 5 min.
MARIS MLS Launches First-of-Its-Kind Broker Profit Sharing Program Tied to Listings Data In a groundbreaking move, the St. Louis-based MLS, Mid-America Regional Information Systems, or MARIS, is rolling out a profit-sharing program for... Read more ->
Consumer Housing Sentiment Falls Year Over Year for First Time Since 2023
OTA Staff
- 4 min.
Rocket Companies to Acquire Redfin in $1.75 Billion All-Stock Deal Rocket Companies has announced it will acquire real estate platform Redfin in a $1.75 billion all-stock deal, aiming to expand its lending business.... Read more ->
National Flood Insurance Program Set to Expire
OTA Staff
- 5 min.
NFIP to Expire NFIP or National Flood Insurance Program is set to expire in one week at midnight on March 14, 2025, and its future remains uncertain. As Congress works on a Continuing... Read more ->
US Home Sales Dip, Zillow v. Rex, Houston Realtor® Charged with Fraud
OTA Staff
- 4 min.
US Home Sales Dip According to a new study, pending home sales in the U.S. have dropped 6.4% compared to last year, marking the second-largest decline since November 2023. Despite this, falling mortgage... Read more ->
Survey: 9 in 10 Homeowners Fear Selling as Market Slows
Homeowners Fear Selling as Market Slows A new survey by Clever Real Estate reveals that nearly 9 in 10 homeowners are anxious about selling their homes. Stress, high selling costs, and fears of... Read more ->
Keller Williams Gets Major Investment, Names New CEO
OTA Staff
- 4 min.
Keller Williams Gets Major Investment, Names New CEO Keller Williams is making big moves—announcing a major investment from private equity firm Stone Point Capital and a new CEO to lead the real estate... Read more ->
US Economy Shrinks, White House Signs Forestry Order, CoStar Acquires Matterport
OTA Staff
- 5 min.
US Economy Shrinks The US economy has taken a sharp downward turn, with the latest data from the Atlanta Federal Reserve’s GDPNow tracker showing a stunning 1.5% contraction in the first quarter. Just... Read more ->
Opendoor Technologies, Redfin Report Earnings, Elon Musk’s Allies at HUD Face Scrutiny Over Real Estate Ties
OTA Staff
- 4 min.
Opendoor Technologies Opendoor, ticker symbol on the NASDAQ, O-P-E-N, delivered strong Q4 results, with sales up 24.6% year-over-year, reaching $1.08 billion—beating Wall Street’s estimate by 10.8%. Despite this, the company’s Q1 revenue guidance... Read more ->
Pending Home Sales Drop 4.6% in January, Refinance Activity Rises in Q4, Staunton Realtor®’s Hate Speech Conviction Upheld
OTA Staff
- 4 min.
Pending Sales Drop Pending home sales dropped 4.6% in January, according to the National Association of REALTORS®. Month-over-month, sales retreated in the Midwest, South, and West, with the South experiencing the most significant... Read more ->
