Back in October, Roofstock, an online marketplace for single-family rental home investing, announced that it raised $35 million from seven different investors in its Series C round of funding. But, more investors apparently wanted the chance to fund the platform.
In the last year, Apartment List grew its number of listed properties by 50% and now features nearly 4 million listings, which is approximately 10% of all rentals in the U.S. today. And now, the company has some new funding to help it continue growing.
From the looks of it, 2017 ended up being a pretty decent year for new home construction. On Thursday, the Census Bureau and HUD provided a look at the December data on new home construction, and the report shows that building permits, housing starts, and housing completions all increased in 2017.
Builder confidence declined slightly at the start of 2018, according to the National Association of Home Builders and Wells Fargo Housing Market Index. However, NAHB explained that builders continue to remain confident that recently passed tax reform will promote economic growth.
Until now, direct-to-consumer title insurer OneTitle National Guaranty Company operated only in the state of New York. But thanks to a “strategic partnership” between OneTitle and New Jersey’s Sovereign Title Agency, OneTitle is expanding into the Garden State.
"The big news is that Gary Keller is number one, and a big reason is that Keller Williams is now the largest real estate brand by sales volume, not just agent size. That's a big move," said Aman Daro Vice President, Marketing of T3 Sixty. "There was lots of other movement, including leaders of innovative tech-centric companies like Glenn […]
The National Association of Home Builders announced it elected four senior officials to take over top leadership positions. The new leaders were announced Thursday at NAHB’s International Builders’ show in Orlando, Florida.
Today, the U.S. Department of Housing and Urban Development, along with the rest of America, honors the life and legacy of Martin Luther King Jr. HUD Secretary Ben Carson announced he would be celebrating the day in Atlanta, where he would also discuss with the city how it can work together with HUD.
To probably no one’s surprise, affordable housing continues to worsen in buyer and rental markets. But this could take a positive turn in 2018 as many experts continue to predict the market is shaping up for a construction boom. Unless, of course, the administration’s immigration policies continue to deplete the much-needed construction labor force. […]