Bloomberg reported that Airbnb considered beginning the IPO process as early as March. Will uncertainty on Wall Street hold back the short-term rental giant from going public? Continue reading
Days of coronavirus-induced stock selloffs have driven the share price of numerous companies, including many in the real estate industry, plummeting. Continue reading
Some agents are already seeing their business impacted from the spreading global disease. Others are preparing for the worst. Continue reading
While some agents have seen clients significantly impacted by the outbreak, others note that Chinese buyers had already been dwindling because of trade tensions. Continue reading
Several large firms have invested more than $3B in nonperforming Chinese commercial loans, according to a Wall Street Journal report. Continue reading
Normal Decembers are often void of substantial news, and markets stay steady. This December is packed with news, but markets remain unperturbed. That begs the question — what really matters? Continue reading
The greatest threat to the global economy is trade friction with China, says regular Inman columnist Lou Barnes. Continue reading
President Trump has tweeted that the “boneheads” at the Federal Reserve should lower interest rates to “zero” or “less,” but Federal Reserve Chairman Jerome Powell took a more moderate approach. Continue reading
Every thought in President Trump’s tweets is mistaken, which markets and businesses understand. They also understand that these tweets have no effect on Fed decisions. However, the erroneous content is worrisome because he does directly control trade a… Continue reading
After Federal Reserve Chair Jerome H. Powell’s long-awaited speech early Friday morning, which was calming to markets, President Trump and China unleashed their fury — one on Twitter, the other in the form of new tariffs on the U.S. Continue reading