Housing market too strong for more Fed cuts

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

Commercial real estate firm JLL pulls out of summit over lack of diversity

International commercial real estate firm Jones Lang LaSalle revealed Friday that it is pulling its support the upcoming New York Multifamily Summit due to a lack of diversity among the event’s speakers. Continue reading

Agent behind Playboy mansion sale doesn’t fear a recession

Gary Gold talked to Inman about how to “coach” high-end clients, how luxury real estate will always rely on agents and how real estate pros can better work with luxury clients. Continue reading

Inman News quiz: Think you’re on top of the week’s biggest stories?

The real estate industry threw some curveballs. Take Inman’s real estate news quiz to demonstrate how strong your talking points and cocktail banter are this week. Continue reading

Tax on Uber, Lyft in Seattle would fund affordable housing projects

Seattle Mayor Jenny Durkan has proposed a 51 cent tax on Uber and Lyft rides to fund 500 affordable housing projects over the next five years. Continue reading

Existing-home sales climb for 2nd straight month: NAR

Existing-home sales inched up 2.6 percent year-over-year in August, according to the latest data from the National Association of Realtors. Continue reading

Fed lowers interest rates again. Will mortgage rates follow?

Economists and agents offered different opinions on how the second rate cut of the year will impact the housing market overall. Continue reading

Opportunity zones offer a tax loophole for affluent art collectors

Investment firms say affluent art collectors may use tax breaks offered by Opportunity Zones Program in place of 1031 tax exchange. Continue reading