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 longtim

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 undisclose

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 Housin

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 su

By a single vote, Nevada legislators spared the governor a second time from having to veto a measure that would cap the annual number of residential properties firms could buy and rent out as homes.​ During a special session, the failed legislation would have given Democratic lawmakers the required

Northern California’s largest MLS MetroList is partnering with Calaveras County Association of Realtors (CCAR) to expand its footprint and provide more tools and technology to CCAR members.  The two announced their partnership on Tuesday. Through the partnership, CCAR members now have access to Metr

Zillow has begun removing climate risk data from listings on its site. The New York Times, which first reported the move, said Zillow began removing the data, which was provided by First Street Technology, in mid-November.  According to The Times, Zillow removed the data after the California Regiona

Mortgage rates remain in a holding pattern at the start of December and the general consensus among market experts is that little will change even if the Federal Reserve implements another interest rate cut next week. Mortgage News Daily reported that 30-year fixed-rate mortgages averaged 6.31% on M

Polunsky Beitel Green LLP, a law firm representing residential mortgage lenders, on Tuesday named Prasad Kodibagkar as chief technology officer. Kodibagkar brings more than 30 years of experience modernizing technology across the mortgage industry, having held senior technology roles at major mortga

Coastal California, with its high property costs, unique geography, and acute local political and physical land-use constraints, presents among the most challenging market dynamics for homebuilding. Amid these difficulties, there are also opportunities to repurpose underutilized land in innovative w

Connecticut will officially join other states in rolling back decades-old zoning limits to make ground-up homebuilding easier and more plentiful. Last Wednesday morning, Gov. Ned Lamont signed compromise legislation created during a special session in mid-November, months after he vetoed the origina

The nation’s top brokerage by transaction side count, eXp Realty, first entered the forms business during the summer of 2024, as the real estate industry prepared for the business practice changes mandated by the National Association of Realtors’ (NAR) commission lawsuit settlement agreement. Nearly

Kriss Law/Atlantic Closing & Escrow (KL/ACE) has merged with DaMore Law and its Vermont division, Green Mountain Lawyers — expanding the attorney-driven settlement firm’s reach across New England and strengthening its presence in Vermont. Merging brings DaMore Law’s 25-year regional presence — with

The Mortgage Bankers Association (MBA)’s proposals to reform federal reverse mortgage programs include seven key recommendations — ranging from the creation of a new securitization option to charging insurance premiums based on the actual amount drawn.  In October, the U.S. Department of Housing and

CMG Financial‘s reverse mortgage division has welcomed John-Robert Martinez as regional manager of reverse for the eastern U.S., effective Monday. The news was confirmed on LinkedIn by Sean Kirksey, CMG’s vice president of reverse mortgage. “Anyone who has worked with John knows how much this is ear

Fathom Holdings has sold its LiveBy assets to Move Concierge for $3 million — with an additional $300,000 in expected annual contingent payments tied to data-sharing agreements. Fathom will retain access to the LiveBy platform for five years while Move Concierge extends its services to all Fathom ag

Kevin Bell, a mortgage broker at Oakmont Lending, had to adjust to a different approach to handling credit report costs when he joined the company from a retail lender earlier this year. Oakmont charges borrowers upfront, while Stockton Mortgage Corp., where Bell worked for about three years as a br

As the year winds down, most real estate agents feel the pull to jump straight into 2026 real estate goal-setting mode. New targets, fresh marketing campaigns, ambitious listing goals—it’s all very energizing. Not so fast. Here’s what I’ve learned in nearly 30 years in this business: the most succes

The two antitrust lawsuits involving Zillow and Redfin’s $100 million multifamily rental syndication deal have been consolidated.  The plaintiffs in the lawsuits include the Federal Trade Commission (FTC) and attorneys general in Virginia, Arizona, New York, Connecticut and Washington. The five stat

Meet LYVVE, eXp Realty’s new international property search platform. The brokerage announced the launch of its new platform on Monday.  According to eXp, LYVVE will “redefine how the world experiences real estate.” After navigating a successful beta testing phase, the platform will be entering full