Inc. Magazine just did a profile on Opendoor, which is a company that we have, of course, talked a lot about on this blog and that I continue to follow closely. It’s interesting to read about some of the challenges that they’ve been having as… Read More
All posts tagged “housing market”
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Average living space per person in Hong Kong
This recent NY Times article — which makes the case that the current protests in Hong Kong are at least partially a result of inequality — has a pair of interesting diagrams that speak to the city’s tight housing market. The first compares average living… Read More
Smart home market penetration in Canada and the US
Here are the results of a Global Consumer Survey that was conducted in Canada this year (2019) and that asked respondents whether or not they own a smart home device. That is, a device that can be controlled via a smartphone / internet connection. Even… Read More
17 years of inventory in Miami
Miami has historically had a volatile housing market because of its position as a second-home destination and because of its dependency on Latin American buyers. There is perhaps no other housing market in the US with the same kind of overall reliance on capital from… Read More
Software developers are half of the homebuyers in San Francisco
A couple of months ago I wrote about the relationship between IPOs and home prices. It was in response to the current wave of tech companies — most of which are headquartered in San Francisco — that have gone public or are expected to go… Read More
US cities with the highest millennial homeownership rates
Across the 50 largest metro areas in the US, about 31.9% of millennials — those aged 18 to 34 — owned a home as of 2017. And according to recent census data (via the Redfin), only 5 of these cities had a millennial homeownership rate… Read More
Redfin is rolling out an online purchase option for homes
There’s a lot of money at work right now trying to reinvent the way that homes are bought and sold. Perhaps the most popular trend is “instant buying” or algorithmic home buying. I have been writing about this for years, mostly because of Opendoor. But… Read More
IPOs and home prices
Fred Wilson made an interesting remark in his recent post about the current “IPO bonanza” that is taking place in the tech space. He is, of course, talking about the recent IPO of Lyft, the recent S-1 filings from Pinterest and others, and the expected… Read More
The new American condo
Every year since 1984, the National Association of Home Builders (in the United States) has commissioned a home with the goal of showcasing new trends and technologies in the industry. At the same time, it also serves as a kind of dream home. This is… Read More
Price of a new condominium in Toronto increased 12.5% over the last year
This morning BILD and Altus Group released their January 2019 new home sales figures for the Greater Toronto Area. Here are the highlights: 1,362 new homes sold in January 2019 across the GTA. This is up 14% compared to last January. Of these, 942 (~69%)… Read More
