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Stylish home designed by Ai Weiwei hits market for $5.25M

A home designed by renowned artist and Chinese political activist Ai Weiwei has hit the market for $5.25 million. Photo courtesy of Michael Bowman Photography Located two hours north of New York City in Ancram, the estate was envisioned as a weekend retreat for  Christopher Tsai, a longtime collector of Ai’s art. It’s the only […]

Airbnb launches new luxury service for high-end properties

In a move that will surely add heat to the already red-hot, short-term rental world, home sharing giant Airbnb announced a new service this week focused exclusively on luxury properties. Airbnb Luxe will provide guests with “access to unique and spectacular properties” as well as experiences that are “truly magical,” the company said in a statement. Properties […]

Feds offer $330M to clean up lead paint

Federal officials announced Thursday that they have set aside $330 million to clean up lead-based paint and other environmental hazards in low-income housing. The money will be available in the form of grants from the U.S. Department of Housing and Urban Development (HUD). Cities, counties, tribal governments and other local leadership bodies can apply for […]

Generation Z favors real estate agents over iBuyers: Survey

Nine out of 10 Generation Z homebuyers, the youngest group to wade into the housing market, plan on using an agent to buy a home. Source: click here

Wither the buyer’s agent? Why the job is under threat

Even if the industry fends off the legal assault, other threats to buyer’s agents, including cracks in the MLS, are appearing. Source: click here

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

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

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 […]

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 […]

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