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The major lesson I learned from 5 days without a phone

In a foreign land, Jay Thompson was robbed of his phone, literally. Here’s the eye-opening experience he had. Source: click here

7 myths buyers actually believe

Here are seven common misunderstandings that can ratchet up tensions in real estate transactions. Clear them up before they mess up your process. Source: click here

Trump creates affordable housing council, taps Ben Carson as chair

Amid a growing sense of national crisis over the cost of housing, President Trump created a new government council Tuesday and tasked it with clearing “regulatory barriers,” such as zoning, that get in the way of building new homes. Ben Carson | Credit: HUD Ben Carson — who leads the U.S. Department of Housing and […]

EXp Realty sued for trademark infringement … by EXP Realty

Weeks after announcing an expansion into New York City, eXp Realty has been hit with a lawsuit by a very similarly named brokerage. Source: click here

May the footstool be with you? Disney collaborates with designer for ‘Star Wars’ furniture series

Darth Vader as an armchair? Disney has collaborated with Filipino designer Kevin Cobonpue for a Star Wars furniture series. The brains behind the collaboration, Cobonpue first launched a Star Wars-inspired furniture collection in the Philippines last fall. The series, which includes a fuzzy footstool modeled after Chewbacca’s hair and a spindly lamp made of mini lightsaber-wielding […]

Growing cities losing affordable housing at alarming rate: Study

Rapidly growing American cities are losing affordable housing at an alarming rate, according to a study released Wednesday by Freddie Mac, a government-sponsored entity that buys mortgages and packages and resells them as mortgage-backed securities. The percentage of multi-family rental units affordable to households making 50 percent of the area median income in any given […]

Bombshell suit against real estate firms could get even bigger

Three additional plaintiffs have been added to a lawsuit involving the sharing of commissions between listing and buyer brokers. Source: click here

New York real estate board names new president

John Banks, the five-year president of the Real Estate Board of New York announced Wednesday that he’s retiring to spend more time with his family and pursue philanthropic interests. Jim Whelan, the current executive vice president, has been confirmed to succeed Banks.  Source: click here

The top 10 challenges facing the real estate industry

The Counselors of Real Estate, an invitation-only professional organization of 1,100 real estate advisers and other professionals around the world, has revealed its annual list of the 10 top issues facing real estate. Source: click here

Wayfair employees protest, stage walkout over border camp furniture

Making good on their stated plan, scores of Wayfair employees walked off the job Wednesday to protest their company’s practice of selling supplies for use in immigrant detention camps near the U.S.-Mexico border. Photos from the walkout show crowds of protesters in Boston — where the online home furniture retail giant is based — holding signs […]

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