Lawsuits Filed Against Success Real Estate After Sudden Closure, Alleging Embezzlement and Unpaid Commissions
OTA Staff
- 6 min.
Success Real Estate Lawsuits In a developing story out of Massachusetts, three lawsuits have been filed against Success Real Estate, just two weeks after the agency suddenly shut its doors on December 14th.... Read more ->
Rocket Homes Faces CFPB Allegations, U.S. Expands Homelessness Initiatives, and Hiring Managers Show Strong Optimism for 2025 Growth
OTA Staff
- 5 min.
Rocket Homes Faces CFPB Allegations Rocket Homes, a division of Rocket Companies, is facing serious allegations of participating in an illegal kickback scheme aimed at steering mortgage business to its affiliates. The Consumer... Read more ->
Huntsville Police Search for Missing Realtor® Ronnie Dumas
Missing Realtor® The Huntsville Police Department is searching for answers in the disappearance of local realtor Ronald “Ronnie” Dumas Jr. A missing persons report was filed on Tuesday, December 17th, after Dumas, 37,... Read more ->
NAR Issues Cease-and-Desist Over Phoenix Realtors’ MLS Choice Option
OTA Staff
- 5 min.
National Association of Realtors NAR: Has sent a cease-and-desist letter to Phoenix Realtors over its new MLS Choice option, a move that could have significant implications for the real estate industry. MLS Choice... Read more ->
Federal Reserve Cuts Rates Again, but Signals Caution Amid Persistent Inflation, Sparking Market Selloff
OTA Staff
- 5 min.
Federal Reserve has lowered interest rates again but officials are signaling caution about future cuts. On Wednesday, the central bank reduced its key rate by a quarter percentage point, bringing it to a... Read more ->
Startup Oyssey Offers Homebuyers Insight into Neighbors’ Politics and Social Data
Oyssey Offers Homebuyers Insight A new real estate platform, Oyssey, is offering U.S. homebuyers access to detailed neighborhood data, including the political affiliations of potential neighbors. The startup, launching this month in South... Read more ->
Buying a Starter Home Costs $1,000 More Per Month Than Renting, Compared to a $233 Average
OTA Staff
- 4 min.
Starter Home Costs More Than Renting A new study by John Burns Research and Consulting reveals that purchasing a starter home still costs, on average, $1,091 more per month than renting the same... Read more ->
What is the Federal Reserve
OTA Staff
- 2 min.
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 ->
Basic Allowance for Housing Rates to Increase 5.4% in 2025
OTA Staff
- 4 min.
Basic Allowance for Housing Rates The U.S. Department of Defense has announced that Basic Allowance for Housing (BAH) rates will increase by 5.4% on average in 2025, effective January 1st. This follows a... Read more ->
Alexander Brothers Tal and Oren Denied Bail in Sex Trafficking Case
OTA Staff
- 5 min.
Alexander Brothers Tal and Oren Denied Bail Top real estate agents Tal and Oren Alexander, along with their brother Alon, are facing serious charges of sex trafficking and sexual assault. The brothers, known... Read more ->
New AARP Report Reveals Boomers Are Stuck in Place for Housing Options
OTA Staff
- 5 min.
AARP Report A growing challenge for real estate agents and policymakers: the desire of older adults to age in place. According to the 2024 AARP Home and Community Preferences Survey, 75% of adults... Read more ->
