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Rex Tillerson buys Yankee baseball great’s Texas estate

More than a year after President Donald Trump fired him from his role as Secretary of State, Rex Tillerson is snapping up desirable real estate — the North Texas estate of baseball great Vernon Wells, in particular. Courtesy of Realtor.com The estate of the renowned former Yankee all-star center fielder is the definition of ostentatious […]

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

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

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

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

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

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