$16M Bribery Scheme Caught, Zillow CEO Departs, Historical Household Debt
OTA Staff
- 4 min.
Zillow CEO Departs In major executive shifts, Zillow Group has named Jun Choo as its new Chief Operating Officer. This change follows recent moves by Zillow CEO Jeremy Wacksman, who was appointed in... Read more ->
New York City Council Votes to Ban Broker Fees for Renters
OTA Staff
- 5 min.
Broker Fees for Renters In a landmark decision, the New York City Council has voted to ban the practice of forcing tenants to pay broker fees, a long-standing and controversial feature of the... Read more ->
N.A.R Survey Highlights Decline in First-Time Buyers
OTA Staff
- 5 min.
First-Time Buyers :The National Association of Realtors® Has just released the results of its annual survey, revealing key trends among homebuyers and sellers. The survey sheds light on changing dynamics in the housing... Read more ->
Alexander Brothers Restraining Order, Fathom Earnings, Free Mortgages in Mexico
OTA Staff
- 4 min.
Alexander Brothers Restraining Order Side has filed a temporary restraining order against the Alexander Brothers, Tal and Oren Alexander, accusing the Alexander Brothers of moving collateral tied to a loan extended to Official... Read more ->
Anywhere Real Estate, Redfin and Opendoor Report 3rd Quarter Financial Results
OTA Staff
- 5 min.
Anywhere Real Estate has reported A disappointing third-quarter earnings, missing both revenue and earnings estimates. For the quarter ending September 30, 2024, Anywhere Real Estate generated $1.5 billion in revenue, a slight 3%... Read more ->
The Federal Reserve Cuts Bank Rates, eXp and Real Report Earnings
OTA Staff
- 5 min.
The Federal Reserve has Cut Bank Rates by a Quarter Percent! The Federal Reserve has announced it has second consecutive interest rate cut, lowering the benchmark overnight borrowing rate by a quarter percentage... Read more ->
Big Changes to Appraisal Waiver Eligibility
OTA Staff
- 4 min.
Appraisal Waiver Eligibility The Federal Housing Finance Agency has announced several key updates to Fannie Mae and Freddie Mac policies aimed at improving efficiency and reducing costs in the mortgage market. These changes... Read more ->
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 ->
