Lawsuit Against Alexander Brothers Dismissed, C.A.R Backs $2.5 Billion Relief Plan, Spain Proposes 100% Foreign Property Buyers Tax
OTA Staff
- 5 min.
Alexander Brothers: Lawsuit Dismissed A lawsuit filed in New York against real estate moguls Tal, Oren, and Alon Alexander, claiming they raped a woman, was dismissed on Wednesday by a federal judge. U.S.... Read more ->
American Real Estate Association (AREA) Welcomes NYRAC, SalesMail Integrates Knock CRM, Colorado Appraiser’s License Revoked in Rocket Mortgage Lawsuit
AREA Welcomes NYRAC The American Real Estate Association (AREA), founded in 2024 by veteran agents Jason Haber and Mauricio Umansky, has welcomed the New York Residential Agent Continuum (NYRAC) as its first local... Read more ->
California AG Charges Realtor® with Price Gouging, Women Lead Luxury Housing Boom, HUD Nominee Turner Pushes for Reform
OTA Staff
- 5 min.
Rob Bonta Charges Realtor® California Attorney General Rob Bonta has charged a Los Angeles-area real estate agent with price gouging after he allegedly raised the rent of a property by 38% following the... Read more ->
Rising Mortgage Rates Stall New Home Sales, Single-Family Rents Hit Record High, Chicago Businessman Sentenced for Elderly Fraud
OTA Staff
- 5 min.
Chicago Businessman Sentenced for Elderly Fraud A Chicago businessman has been sentenced to more than 17 years in federal prison for a scheme that defrauded elderly homeowners. 68-year-old Mark Steven Diamond was convicted... Read more ->
OneUnited Bank Launches $50K Homebuyer Grant, Bill Ackman to Take Howard Hughes Private for $1B, Sixth Suspect Charged in Killing of Markham Realtor Yuk-Ying Mui
OTA Staff
- 5 min.
OneUnited Bank Launches $50K Homebuyer Grant In a move to empower first-time homebuyers, OneUnited Bank, the nation’s largest Black-owned bank, is launching a new program in honor of Martin Luther King Jr. Day.... Read more ->
U.S. Foreclosure Filings Drop, FTC and Colorado Sue Greystar for Rental ‘Junk Fees’, New Robocall Rules Set for 2025 Set to Start
Foreclosure Filings Drop In the latest data from ATTOM, foreclosure filings across the U.S. showed a continued decline in 2024. The year-end report reveals that 322,103 properties had foreclosure filings—down 10% from 2023... Read more ->
Newsom’s Wildfire Order Sparks Debate, Wexford County Cyber-Attack Halts Deals, and NAR Names New Senior VP
OTA Staff
- 5 min.
Wildfire Order Sparks Debate California Governor Gavin Newsom and Texas Senator Ted Cruz are at odds over a recent executive order aimed at protecting wildfire victims from predatory real estate offers. On Tuesday,... Read more ->
CPI Eases Inflation, Alexander Brothers’ Disturbing Tapes Surface, California Cracks Down on Predatory Investors Exploiting Fire Victims
OTA Staff
- 4 min.
CPI Eases Inflation The latest Consumer Price Index (CPI) report shows that core inflation slowed to 3.2% in December, down slightly from November’s 3.3% rate and better than expected. This marks a significant... Read more ->
Millennials Struggle with Affordability, World Realty Broker Arrested in Triple Murder, Spain’s 100% Tax on Foreign Homebuyers to Combat Housing Crisis
Millennial home buyers Today, we’re reporting on two new surveys that reveal both the enduring appeal and growing challenges of homeownership in the U.S. According to a recent survey from Realtor.com®, 75% of... Read more ->
Supreme Court Declines to Review NAR’s Appeal, SoCal Faces Housing Crisis, and Move-In-Ready Homes Top Buyers’ 2025 Priorities
OTA Staff
- 5 min.
Supreme Court Declines to Review NAR’s Appeal The U.S. Supreme Court has declined to hear the National Association of Realtors®' appeal regarding the Department of Justice’s ongoing investigation into its practices. This ruling... Read more ->
Understanding the Appraisal Process for Real Estate Success
OTA Staff
- 1 min.
Understanding the Appraisal In the world of real estate, few things are as crucial as accurately assessing a property’s value. Whether you are helping a buyer find their dream home or working with... Read more ->