Inside Trump’s historic $95M mansion deal, 10 years later

In interviews with Florida real estate professionals, including at least one involved in the 2008 sale, agents characterized Trump’s blockbuster deal as simply par for the course in the years leading up to the financial collapse, when appreciation rates climbed at a historic clip and the housing market in Palm Beach and elsewhere in South Florida was like the Wild West …

Compass, Redfin CEOs open up about navigating political division

NEW YORK — Chief executives from two high-profile brokerage companies with wildly divergent business models spoke candidly on Tuesday at Inman Connect New York about the travails of voicing public opinion in a fractured political climate …

Special Report: 2018 real estate industry outlook

Real estate professionals express optimism for the housing market, economy and their own personal success as they start a new year …

Fed hikes rates in sign of economic confidence

Sticking to a script that economists and real estate analysts had long anticipated, outgoing Federal Reserve Chairwoman Janet Yellen Thursday announced a modest benchmark interest rate hike to 1.25 percent-1.50 percent, a move widely perceived as a reflection of confidence in the economy. This is the third such hike in 2017 and sets the stage for what will likely be three or four adjustments in …

Senate passes tax reform bill following flurry of last-minute amendments

The legislation, the “Tax Cuts and Jobs Act,” passed along largely party lines, 51-49, and promises to have sweeping effects on the nation and real estate …

Power struggle at Consumer Financial Protection Bureau draws concern from mortgage industry

A battle for the soul of the Consumer Financial Protection Bureau (CFPB) played out Monday inside a federal building in Washington. The real estate industry watched with fascination as White House budget chief Mick Mulvaney sought to wrest power from the agency’s acting director …

Housing industry welcomes Jerome Powell, Trump’s Fed Chair nominee

President Donald Trump Thursday named former Carlyle Group partner and consummate Wall Street insider Jerome “Jay” Powell as chairman of the Fed, a move real estate professionals roundly cheered, calling the decision “the best possible choice” for the currently buoyant housing market …

Trump signs flood insurance program December extension into law

Most homes insured under the National Flood Insurance Program (NFIP) — the government program that provides affordable flood insurance to property owners and coordinates adoption and enforcement of floodplain management regulations — are in Florida a…

Ben Carson confirmed as Secretary of Housing and Urban Development

Yesterday, the Senate voted 62-37 to end debate on Ben Carson’s nomination as the incoming Secretary of the Department of Housing and Urban Development (HUD) and to schedule a confirmation vote today. And now it’s official: Carson has the job …

Donald Trump’s opportunity to re-make the Federal Reserve

The following is about Mr. Trump in only one respect: He has an unprecedented opportunity to re-make the Federal Reserve. As active as he has been since the election, neither he nor his staffers has said a word about the Fed, neither policies nor peopl…