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 ->
Honolulu City Council Weighs Empty House Tax
OTA Staff
- 5 min.
Honolulu City Council members are looking to Vancouver Canada, as a potential model for their own empty homes tax, aiming to combat a growing housing crisis in Honolulu. Similar to Vancouver's approach, which... Read more ->
New York Community Bancorp Announces 700 Job Cuts Amid Efforts to Regain Profitability
OTA Staff
- 5 min.
Bancorp New York cuts 700 jobs In a significant move to regain profitability, Bancorp New York Community Bancorp announced last week that it will lay off 700 employees at its Flagstar subsidiary. This... Read more ->
New HUD Report Identifies FHA Racial Divide
OTA Staff
- 5 min.
FHA Racial Divide: A New HUD Report Identifies This week, the U.S. Department of Housing and Urban Development released a new report highlighting the significant FHA Racial Divide in federal housing programs. The... Read more ->
84% Believe Homeownership is the American Dream
OTA Staff
- 5 min.
Homeownership: Fannie Mae CEO Warns of Housing Crisis In a recent interview with MarketWatch, Fannie Mae CEO Priscilla Almodovar shed light on the unique and significant challenges plaguing today’s housing market, which deeply... Read more ->
