Industrial rents in already-expensive cities like Los Angeles and Boston are expected to get a boost because of weed startups, according to Bloomberg Markets. Space in those cities will be snapped up as part of a wave of pot legalization that was set in motion when eight...
Morty, the New York-based mortgage startup, has raised $3 million in venture funding, which it will use to make its new mortgage marketplace available to the masses. According to a report in TechCrunch, Morty aims to provide increased transparency and options for borrowers who are looking...
While the amount of money spent by first-time home buyers may cause financial concerns, purchasing a piece of property isn’t exactly getting any cheaper. With homes all over the country continuing their upward trajectory, many millennials are worried about whether or not they’ll ever be...
Signs indicate that U.S. buyers are feeling more optimistic about the housing market and the economy at large. The latest data released by the U.S. Census Bureau indicates that, for the first time in a decade, more people became homeowners than renters, suggesting to some...
Uber and Lyft, the ride-hailing apps taking cities by storm, is also having another positive impact: driving demand for real estate in certain neighborhoods. According to a report in TheStreet.com, Ryan Serhant, a real estate agent of the Serhant Team at Nest Seekers International and a star of...
Renters now outnumber homeowners in more than half of the states in the United States, and the trend toward renting doesn’t look like it’s losing steam, even as the housing market makes gains. Bloomberg News reports that 52 of the 100 largest U.S. cities were majority-renter...
Airbnb is considering a move into the long-term rental business, with Bloomberg Technology reporting that the company has asked McKinsey & Co. to research the market. McKinsey & Co. has reportedly performed a competitive analysis of Craigslist, which currently dominates the rental market in many cities....
