Greystar — the nation’s largest multifamily rental property manager — has agreed to pay $23 million to the Federal Trade Commission (FTC) and $1 million to the state of Colorado. The settlement follows allegations that Greystar misled renters by advertising low monthly prices while adding undisclosed mandatory fees. “Greystar misled consumers by advertising low rent prices and then adding...
Steve Simonetti entered the real estate industry after being inspired by his father’s journey in as a real estate agent and in purchasing investment properties. Over five decades later, Simonetti is still at it, but recently he has taken on a new role as franchisee. In October, Simonetti, a longtime REMAX agent and broker, opened his own REMAX franchise in Redondo Beach, Calif., REMAX NEXUS. The...
From Want-To to Yes: How Digital Pre-Sales Became the Only Path Forward Buying a new home has never been a “must.” Even when life events prompt people to move, choosing new construction is a want-to decision that depends on confidence and clarity. And that’s true more so now than almost any time in more than a decade. Buying new now requires suspending disbelief that it’s the right time....
Northern Virginia’s housing market saw a dramatic rise in available homes this fall, with active listings climbing 39.4% in October compared with the same month a year earlier, according to HousingWire Data. The region recorded 8,194 active listings in October, up from 5,877 annually — a level of supply that hasn’t been seen in several years. That surge far exceeded local sales growth and...
Home Equity Conversion Mortgage (HECM) endorsements saw an artificial increase in November due to the federal government shutdown, an effect that may continue into December. Meanwhile, activity in the secondary market slowed down, according to reports released this week. In total, the Federal Housing Administration (FHA) insured 3,905 HECMs in November — a nearly 77% increase from 2,211 in September...
If we’re being honest, most of our home “offices” are just laptops perched on kitchen counters, dining tables, or that one IKEA desk that wobbles if you breathe too hard. Meanwhile, fictional characters are out here doing paperwork in architectural masterpieces that look like they were designed by starchitects and lit by Beyoncé’s tour crew. Some of these spaces belong to superheroes. Some...
In an area of the country battered by tornadoes, the Marrs family works to restore...
If you’re expecting visitors over the holidays, you might be slightly anxious about how you can help them feel at home. Fortunately, just a little bit of decluttering and organizing will enable you to create a calm and welcoming space, ready for everyone to sit back, relax and enjoy the...
Anyone who has taken on a house in need of some love and personality may dream of transforming it in one go. In reality, not many of us have the money or stamina for that and instead tackle the work room by room. That was the case in this London home. The owners had previously worked with interior...
Image Each month, Nareit highlights recent executive career moves, board changes, and other notable individual achievements and developments within the REIT and publicly listed real estate...
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