The slowing demand for homes is affecting the balance of power between buyers and sellers, according to two new reports from Redfin.

As the market makes profitability more difficult to attain, cost control measures will become ever more important for brokerage companies, says industry data expert Mike DelPrete.

A penthouse in the tallest residential building in the world would draw big bucks. But at Central Park Tower, which holds that title, residents will have access to a private club on the 100th floor.

A cooling real estate market has already led to cuts at companies far and wide. The San Francisco-based rental search portal is the latest.

The rise of the millennial art collector, testing the waters in a new locale and vacationing closer to home are all trends luxury real estate agents are seeing from their clients moving into summer.

William Koeppel, 62, filed a claim with the Surrogates Court of Manhattan accusing his 84-year-old mother Roberta Koeppel of negligence, claiming she let the family's portfolio of buildings rot.

Nearly 90 percent of Americans know how many children Kim Kardashian has, but fewer than 33 percent know how to get pre-approved for a mortgage, according to a new survey from Zillow.

Inman spoke with Oppenheim Group founder Jason Oppenheim and vice president Mary Fitzgerald about market turmoil, layoffs and the road forward ahead of Connect Las Vegas.

Younger millionaires are feeling the brunt of higher inflation and have temporarily shelved plans to buy homes and cars.

CNBC’s Millionaire Survey shows that almost half of millennial millionaires have delayed buying cars, while 44% have put off the purchase of a home due to higher interest rates that have raised the cost of borrowing.

The survey, whose respondents have investable assets of $1 million or more, suggests that the effects of higher inflation are working their way up the wealth ladder to the highest echelons of society. Typically, inflation always impacts lower-income and middle class households the most, but younger, more affluent members of society are now also feeling the brunt when it comes to big ticket items.

“The millennial millionaires are clearly dealing with something they’ve never experienced,” said George Walper, president of Spectrem Group.

The Federal Reserve has raised interest rates to try and curb runaway inflation and that has two effects on affluent individuals. First, it increases the cost of luxuries such as dining out, plane tickets, hotels and some monthly subscriptions. The survey found that 39% of millennial millionaires have cut back on dining out due to the higher costs. Moreover, 36% have canceled vacations, and 22% are driving less than before.

A new generation of apps is allowing homeowners to make extra money by renting out their pools, yards and living rooms for an hour at a time.

For your business to increase, start by identifying the areas you need to decrease, making room for the new growth that is to come, writes Jimmy Burgess. Take action today and the business of your dreams will follow.

The housing industry has shed thousands of jobs recently, and more cuts may be in store. But some companies are handling the situation better than others.

Many firms have long refused coverage or charge more for pit bulls and other dogs considered more dangerous, but New York and other states say policies shouldn’t be breed specific.

A truly affordable smart home setup may be within the financial reach of most homeowners, with lighting and security features included. Brandon Doyle reviews a range of smart and cost-efficient upgrades.

Unfortunately, laws are not magic because those laws do not magically stop violations from occurring. In the best-case scenario, laws provide a possible remedy if there is proof of the violation and the violator is caught.

Get to know the 2022 ICLV Ambassadors. This group will embark on an experience together with Inman — hosting exclusive events, sharing speaking opportunities, and connecting with other Inman community leaders and global real estate brands.

Clever uncovered that 65 percent of homeowners asked, would consider selling their home to an iBuyer.

The virtual brokerage is bringing on Shoeb Ansari to serve as chief information officer, as well as former Remine CEO Leo Pareja to oversee affiliated services.

Higher mortgage rates are now "housing market's primary constraint," economists at Fannie Mae said in a new forecast predicting home sales will fall 13.5 percent this year.

Housing starts clocked in at a seasonally adjusted rate of 1,549,000, a 14.4 percent decline from revised April levels, according to the U.S. Census Bureau and Dept. of Housing and Urban Development.