Tokyo’s Aozora Bank and New York Community Bancorp posted massive losses tied to commercial real estate loans Thursday morning, an indication that threats to the office sector aren’t over yet. Continue reading
Inman Connect New York 2024 was a comprehensive and robust gathering of real estate professionals, Bobbie Wasserman writes. It echoed the resilience and adaptability of the industry in a challenging time. Continue reading
Over half of Americans admit to browsing Zillow for fun. Luke Babich offers tips on finding serious buyers in the midst of this extra searching. Continue reading
Teammates Brent Watson and Marco Salari will become founding agents for Official in Los Angeles. The team has closed more than $2.75 billion in career sales. Continue reading
Fed Chair Jerome Powell says a rate cut at the central bank’s next meeting is not “the base case,” with policymakers wanting to see more data showing inflation is on a sustainable path down to 2 percent. Continue reading
Chicago voters are set to decide whether to quadruple the tax buyers pay on residential and commercial properties in the city. Illinois Realtors plans to lead the fight. Continue reading
Firming up of mortgage rates finally catches up with homebuyer demand, with applications for purchase loans falling by a seasonally adjusted 11 percent last week, MBA survey shows. Continue reading
The new shop is led by License Partner Dean Poritzky and Vice President and Marketing Director Paige McVay of Engel & Völkers Wellesley. Continue reading
A housing battle is raging in Detroit, writes Lee Davenport. Lowball home values cut into homeowner equity and exclude residents from resources and opportunities. Continue reading
CEO and new Inman Contributor Jillayne Schlicke explains how common phrases around financing and interest rates can land you and your business in hot water. Continue reading