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A-Rod buys NYC rental building with Barbara Corcoran

Retired NY Yankees slugger Alex Rodriguez, affectionately known to fans as “A-Rod,” has bought a 21-unit rental building in the East Village, an iconic Manhattan neighborhood in New York City. And that’s just the start of A-Rod’s NYC real estate ambitions, according to The New York Post, which first broke the news. The former baseballer […]

A new ‘uniform’ for Fannie and Freddie aims to help homebuyers, investors

The program will combine previously separate markets for mortgage-backed securities known as TBAs. Proponents say it will lower mortgage interest rates. Source: click here

EXp Realty is expanding to New York City

James Hynes will serve as the managing broker of eXp Realty’s Brooklyn operations. Hynes has been with eXp Realty for more than two years in Rochester, New York. Source: click here

Home prices rise 1% from March’s lull

Home prices across the U.S. saw, according to the latest report by CoreLogic, a slight uptick from a major slowdown last month. Across the country, home prices grew by 3.6 percent in April year-over-year, down from a whopping 6.9 percent growth at the same time last year. That said, home prices are still high compared to […]

Helping buyers find a home for the fam? Share these 7 tips

If you’re working with a buyer who’s in the market for a new house — whether it’s a starter home or their forever home — and has long-term plans to start a family, there are a few recommendations you should make to ensure that they make a smart decision. Source: click here

Is Purplebricks on the verge of being taken over?

German media company Axel Springer is purchasing tens of millions of shares of Purplebricks, more than doubling its stake in the beleaguered flat-fee brokerage from 12.4 percent to 26.6 percent. Axel Springer announced the acquisition of 43.7 million Purplebricks shares Monday, saying it was making the investment because “the hybrid real estate agent model offers great potential.” […]

Zillow’s way or the highway?

IBuyer expert and real estate analyst Mike DelPrete explains how market incumbents are stepping up their game to adapt to a shifting business landscape ahead of Inman Connect Las Vegas on July 22-26. Source: click here

Tour Frank Lloyd Wright Mayan-inspired $23M mansion

A Hilton & Hyland agent gave an insider look at an extravagant Frank Lloyd Wright mansion currently on the market for $23 million. Known as the Ennis House, the property was built in 1924 and is inspired by ancient Mayan architecture. It is a well-known sight in the Los Feliz neighborhood of Los Angeles — […]

5 myths about opportunity zones, debunked

What is the Opportunity Zone program, and how can property owners benefit? Here are five nuances for you to chew over. Source: click here

5 fundamental principles every agent should follow

It’s so easy to forget the fundamental principles that always lead to success in building, growing and sustaining a real estate business. Here’s a simple reminder. Source: click here

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