Byron Lazine and Tom Toole discuss the latest FOMC meeting and Fed Chair Jerome Powell's comments, MLS PIN's message to the DOJ, a Jimmy Mackin Tweet, rising inventory and its impact on buyers and sellers, the people who should be worried, aspirational pricing, the latest CPI data, and what agents should expect from today's complicated market.

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Resources:

https://www.facebook.com/share/p/r6cSL5cxpsfnPNxs/ (Jimmy Mackin message at the end)

https://www.inman.com/2024/06/12/proposed-doj-ban-on-commission-offers-against-the-law-mls-says/

https://www.realestatenews.com/2024/06/10/mls-pin-to-doj-stay-out-of-our-settlement

Timestamps:

00:00–00:52 Intro

08:10 Four main arguments being made by MLS PIN – Rob Hahn (Notorious R.O.B.)

15:14 Jimmy Mackin tweet

17:45 Byron clarifies his “Part-time agents are full-time assholes” Tweet

27:34 Topic change: Fed meeting & CPI data

36:26 What do you think is the harder market: now or back then…?

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Connect with Byron Lazine:

https://www.instagram.com/byronlazine

Connect with Tom Toole:

https://www.instagram.com/tomtoole3rd/

Connect with Lisa Chinatti:

https://www.instagram.com/lisachinatti/

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#jeromepowell #MLS #dojustice