Online retailer Wayfair announced Wednesday that it has begun selling curated collections of furnishings for entire rooms, which the company believes will appeal to everyone from property managers to short-term rental owners.
Wayfair calls the new program "All-Set Rooms," and it is available now to members of the company's business program, Wayfair Professional. According to a company statement, people using All-Set Rooms "can instantly purchase complete furnishings and fixtures for pre-designed rooms in just a few clicks." The idea is to make "shopping for businesses simpler, faster, and more convenient."
Supervisors of the unincorporated parts of sprawling Los Angeles County have set a Nov. 12 date for what likely will be the final vote on one of the most stringent rent-control laws in the nation.
The proposed law would limit most annual hikes on roughly 43,500 rental units to the current rate of inflation and would make it more difficult for landlords to evict their existing tenants.
Divvy, a startup that aims to disrupt the rent-to-own business, announced Wednesday that its latest funding round hauled in $43 million, which the company plans to spend helping more people become homeowners.
The Series B round came from a group of well-known investment firms including Andreessen Horowitz, Caffeinated Capital and GIC, a fund created by the Singapore government. Homebuilder Lennar was also among the investors, according to a statement from Divvy.
Following more than a year of diminishing growth, annual home price gains have finally begun to inch upward, according to the latest S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index released Tuesday.
The index, which covers all nine U.S. census divisions, achieved an annual 3.2 percent gain in July, up from 3.1 percent in June.
The biggest gains occurred in Phoenix, Las Vegas and Charlotte, North Carolina, where home prices rose 5.8 percent, 4.7 percent and 4.6 percent, respectively.
IBuyers, startups that use technology to quickly buy and resell homes, could be in trouble if Senator Bernie Sanders' new housing plan ever passes into law.
The democratic socialist and presidential hopeful unveiled a sweeping $2.5 trillion plan earlier this month. It calls for rent control, tenant protections and a massive expansion of affordable housing.
But while the plan guarantees "housing for all" it would also deal a major blow to real estate investors, including through "home flipping" and "empty home" taxes.
The man seen violently groping and pushing a Keller Williams agent in a viral video has been arrested by the Los Angeles police.
The suspect, who has been identified as 45-year-old Alen Karaboghosian of Encino, California, was spotted pushing a female agent to the ground and bending over her as she screamed for help at an open house Sunday. As first reported by local outlets, Karaboghosian was arrested at the 5400 block of Lindley Avenue in Encino on suspicion of attack with a deadly weapon early Wednesday.
[Luxury agents] need to understand that it’s not just millennials on social media, although that’s the primary group that’s focused on it. But it’s important to understand the differences between various age groups and how they consume media, what they use and why.
For example, people under 40 tend to use Instagram more than they do Facebook, and part of it is because they’re looking to project themselves to the world versus Gen-Xers who are a little older, are having kids, and tend to be more private. Gen-Xers use Facebook because it’s closed and more connected to your [individual] community versus Instagram, where you can be public.