Opening trade valued Airbnb at $101.6 billion on Thursday
Airbnb shares more than doubled in its public debut on Thursday, per the Wall Street Journal, after opening trading at $146 on the Nasdaq Stock Market – higher than its initial-public-offering price of $68 a share.
The opening trade valued Airbnb at $101.6...
Malibu’s housing market has thrived during the coronavirus pandemic, as dwindling inventory in the beach city’s most desirable pockets has pushed home prices well above the normal rates.
With COVID cases continuing to rise across the country, hopefuls waiting out the summer for a bargain during Malibu’s off-peak season may be left out in...
Low interest rates are giving borrowers more buying power
The Des Moines housing market has had a record-setting year for home sales, which local Realtors credit to low mortgage rates, the work from home phenomenon and Des Moines’ affordable lifestyle.
In October, home sales in Des Moines soared 34% compared to last year, with...
No one decides to retire at the drop of my hat. That is, no one apart from my dad.
One day, my dad was told that his company was being acquired and his job would be eliminated. So, he shook the owner’s hand and retired. Like most folks in their 60s, he’d been planning...
Many seem keen to ring a death knell for New York City’s commercial real estate sector, but recent transactions are providing clarity and short-term positivity.
There are, of course, a few headwinds delaying a return to normalcy right now. The city’s COVID-19 positivity rate has ticked upward and the holiday season could exacerbate the...
Countless businesses and models have been disrupted by technology and the speed of these disruptions is growing exponentially. The current pandemic has exacerbated this phenomenon as each disruption usually happens slowly over time as people get more comfortable with the tech. New realities are forcing the workforce to utilize and quickly iterate and adapt to new technology...
Homeowners can access the equity of their home while renting it back
Real estate technology company Knock has announced the launch of Knock Nest, a standalone sale-leaseback solution that allows homeowners to access the cash they’ve built up in their home while continuing to live in it.
Via Knock Nest, homeowners can...
Homeowners can get a cash offer from RedfinNow in these tech hubs
Redfin announced on Tuesday that its iBuying arm, RedfinNow, has entered the Seattle and San Francisco metro housing markets. RedfinNow most recently launched in Sacramento in October.
“We’re all spending more time at home than ever before and many of us are...
San Francisco-based firm considering a debut via SPAC
Digital lender SoFi is the latest firm to explore an independent public offering, according to a new report.
SoFi, headquartered in San Francisco, has held talks with a number of blank-check companies to go public, according to CNBC.
The lender was last valued at...
Maybe the roof is worn, the drywall peeling, the pipes rusted to the core. Of the 6 million American homes sold per year, several hundred thousand are in states of disrepair, waiting for a buyer who will put in money with the hopes of flipping the house for a profit.
Sundae, a two-year-old start-up,...
