Carly Tripp is global chief investment officer and head of investments for Nuveen Real Estate. Axel Dupeux Carly Tripp grew up playing in corn fields in Olney, Md., about 30 miles outside of Washington, D.C. But by the time she graduated high school, five grocery stores had popped up within a one-mile radius, turning the […]
Read More(Bloomberg) — Zillow Group Inc. is pulling the plug on its tech-powered home-flipping operation after deciding that its pricing algorithms weren’t accurate enough to build a stable business. The company plans to take writedowns of as much as $569 million and reduce its workforce by 25% as it winds down the business in coming months, […]
Read More(Bloomberg) — Zillow Group Inc.’s decision to stop pursuing new home purchases comes as the U.S. housing market appears to be cooling off slightly, showcasing the challenges for an emerging high-tech spin on home-flipping. The online listing giant has been buying and selling thousands of homes in recent months through its iBuying program, which depends […]
Read MoreThe longer a bull market lasts, the more extended price valuations become. The longer that condition continues, the harder it becomes for value-oriented investors to justify long-term investments in most of the stocks, industries and sectors that everybody else is talking about. I think this is a pretty good description of current market conditions, as […]
Read MoreeXp World Holdings, Inc. provides cloud-based real estate brokerage services for residential homeowners and homebuyers. The company facilitates buyers to search real-time property listings and sellers to list their properties through its various platforms; and provides buyers and sellers with access to a network of professionals, consumer-centric agents, and brokers. It is also involved in […]
Read More