Consumer Prices Surge, Fed Chair Jerome Powell Stresses Patience in Senate Banking Committee, Law Firm Investigates Inflated Appraisal Fees
Inflation: Consumer Prices Surge Consumer prices rose more than expected in January, as new inflation data released today revealed that headline prices increased by 3.0% year-over-year, slightly higher than December’s 2.9% gain. Monthly... Read more ->
California REALTORS® Award $1 Million in Housing Grants for Wildfire Victims, $200M Palm Beach Lot Hits Market, Update in the Abduction of Alabama Realtor® Ronald Dumas Jr.
OTA Staff
- 5 min.
CAR Award $1 Million in Housing Grants for Wildfire Victims In response to the devastating wildfires that struck Southern California last month, the California Association of REALTORS® (C.A.R.) is awarding $1 million in... Read more ->
CFPB Shuts Down for a Week Amid Budget Clash, Rocket Makes Super Bowl History with Ad, Alexander Brothers Plead Not Guilty
CFPB Shuts Down for a Week Amid Budget Clash The Consumer Financial Protection Bureau (CFPB) is set to shut down for a week, according to multiple reports. The agency’s headquarters in Washington, D.C.... Read more ->
U.S. Labor Market Resilient in 2025, Fannie Mae’s Home Purchase Sentiment Index Rises, AI Powers U.S. Residential Construction Market Growth
US Labor Market Resilient in 2025 The U.S. labor market showed strong resilience to start 2025, as the unemployment rate fell to 4% in January, down from 4.1% in December, marking the lowest... Read more ->
Senate Confirms Scott Turner as HUD Secretary, Court Backs Kentucky’s Zillow Fees, Report Homeownership More Affordable Than Renting
OTA Staff
- 4 min.
Scott Turner as HUD Secretary The U.S. Senate has confirmed Scott Turner as the new Secretary of Housing and Urban Development (HUD). The 55-44 vote took place on Wednesday, with only two Democrats—Senators... Read more ->
Study Real Estate Commissions Rebound After NAR Settlement, CRMLS Partners with NWMLS and WARDEX Partner, A&E Real Estate Faces Pre-Foreclosure
OTA Staff
- 5 min.
NAR Settlement In the five months following the August 2024 National Association of Realtors settlement, commission rates are showing a surprising rebound. While early data suggested a potential long-term decline, recent figures reveal... Read more ->
Treasury Secretary Bessent Halts CFPB Operations Amid Controversy, Tiny Homes Market Booms and Mortgage Executive Arrested for Fatal DUI Crash
CFPB Treasury Secretary Amid Controversy Treasury Secretary Scott Bessent has been tapped to run the Consumer Financial Protection Bureau, or CFPB, as acting director, after Rohit Chopra was fired on Saturday. Bessent, a... Read more ->
NAHB Cautions Against Tariffs, New Polls Shows Americans Stay Optimistic About the Economy, Study Reveals Climate Change Threatens Housing Market Stability
OTA Staff
- 4 min.
NAHB Cautions Against Tariffs The National Association of Home Builders (NAHB) has sent a letter to the new administration urging him to reconsider the impact of proposed 25% tariffs on imports from Canada... Read more ->
Senator Ted Cruz Pushes to Defund CFPB, Federal Reserve Holds Interest Rates Steady, Japan Begins Accepting Cryptocurrency for Real Estate Transactions
OTA Staff
- 4 min.
Ted Cruz Pushes to Defund CFPB Texas Senator Ted Cruz is reigniting his push to abolish the Consumer Financial Protection Bureau, or CFPB, with a new effort to defund the agency. Cruz has... Read more ->
New Video Footage Released in Alexander Brothers Case, Homeownership Costs Soar, Study finds 87% of Real Estate Agents Use AI
OTA Staff
- 4 min.
Victim Video Footage : Released in Alexander Brothers Case Prosecutors have released new video footage of alleged victims detailing sexual assault claims against the Alexander brothers, prominent figures in Miami Beach and New... Read more ->
Federal Spending Pause Disrupts Housing Aid, C.A.R. Offers Guidance on Financial Aid, Multigenerational Homes Surge in New England
OTA Staff
- 4 min.
Federal Spending Pause Disrupts Housing A temporary pause in federal spending, ordered by the White House, caused major disruptions for housing providers across the country. The pause, which was set to go into... Read more ->
Anywhere Agrees to $20M Settlement, Fathom Embraces Bitcoin, and Wells Fargo’s CFPB Burden Lifts
OTA Staff
- 5 min.
Anywhere Agrees to $20M Settlement In a major settlement, Anywhere Real Estate has agreed to pay $20 million to resolve a long-running lawsuit under the Telephone Consumer Protection Act. The case stems from... Read more ->
