Real Estate

Real Estate
LA’s CREXi Real Estate Marketplace Lands $30M For Digital Expansion
January 27, 2020

Online commercial real estate marketplace CREXi — which serves as a digital toolkit of sorts for buyers, sellers and investors — has raised nearly $30 million from investors, according to reports. It has nestled its way into the Los Angeles area, one of the U.S.’...

Real Estate
Germany’s Home Startup Lands $12M To Expand Housing Rental App
January 22, 2020

Berlin-based Home, a tenant and landlord mutual engagement company, has raised €11million in a Series A round of funding from Capnamic, EQT Ventures, FJ Labs, and Redalpine. The company plans to use the financing for product innovation and market expansion. “Housing is one of the...

Real Estate
Real Estate Tech Firm Perch Gets New Name, Raises $36M
January 07, 2020

Real estate technology firm Perch has rebranded as Orchard while raising $36 million in new equity funding led by Navitas, with participation from FirstMark, Juxtapose and Accomplice, the company announced on Tuesday (Jan. 7). Orchard aims to disrupt the residential real estate market with its...

Real Estate
Real Estate Market Bounces Back With 1.2 Pct Jump In Pending Home Sales
December 30, 2019

The index of pending home sales increased 1.2 percent in November after a fall in October that followed two consecutive months of increases, the National Association of Realtors (NAR) reported Monday (Dec. 30).  The NAR Pending Home Sales Index (PHSI), which measures the number of...

Real Estate
Airbnb Competitor Domio Lands $100M; Aims To Double Market Share
December 18, 2019

Domio, a startup that designs and rents apartment hotels, has raised $100 million in funding to expand both nationally and globally to 25 markets by 2020, according to reports on Tuesday (Dec. 17). The company’s Series B round was led by GGV Capital. The funding...

Real Estate
Zillow Expands Zillow Offers To LA, Orange County
December 10, 2019

Zillow Offers launched in Los Angeles and Orange County on Monday (Dec. 9), its second-largest housing market in the nation, GeekWire reported. San Diego and the Inland Empire areas already had Zillow Offers, and the company’s LA expansion covers much of Southern California. Available in...

Real Estate
The Millennial Real Estate Boom Beckons?
December 05, 2019

The saying goes that the future belongs to the young. So, too, apparently, does real estate. In the 2020 National Housing Forecast from Realtor.com, a number of predictions stand out, among them that home price growth will flatten, to a rate of about 80 basis...

Real Estate
WeWork Says New Business Model Will Drive Profits By 2023
November 22, 2019

In a staff presentation, new WeWork Chairman Marcelo Claure tore up the old business model of the company and promised the group would move away from taking on long-term leases in many cities. While the firm would still sign its own leases in the top 12 or...

Real Estate
Study: US Housing Market Slows Down As Homeowners Stay Put Longer
November 04, 2019

U.S. homeowners’ decision to stay in their homes longer is keeping much-needed inventory off the real estate market, causing a slip in home sales. New analysis by Redfin found that homeowners around the country are typically staying in their homes for 13 years, five years...