In the Media

Marcus and Goor created Nesterly and joined an MIT startup accelerator in December of 2016, with the mission of using an intergenerational model to help young people find affordable housing while giving older citizens the chance to stay in their homes longer.

After years of saving, insurance agent Jim Beran bought his Westchester house in 2012. He then spent two years living in and rehabbing the home to build enough equity to get a loan to buy what he really wanted: a raccoon-infested starter ranch in La Grange Park.

The rental crisis has grown so severe that some states have virtually no affordable apartments available for the lowest-income families, according to a new report from Freddie Mac, which finances loans for apartment buildings.

Home prices rose, at first slowly and now quite dramatically, yet owners held back on taking out all that new-found equity. That is about to change — by a lot.

Institutional investors own a growing share of rental properties in the United States, according to a report by the Harvard Joint Center for Housing Studies. Individual investors still own more individual rental properties, as they did in 2001.

Social media love isn’t limited to cute cat pics and the exploits of the Kardashian-Jenner clan: Zillow finds that some real estate listings are quick to pick up a social following, and those homes sell more quickly, and for more money. New research from Zillow shows that home listings that are saved by 30 or more people within the first week of posting sell in less than two weeks; of those, more than 40 percent sell for more money than the list price.

Cuando la familia Garita decidió mudarse de Detroit a Redford, una ciudad mayormente blanca a media hora de distancia, la hija más pequeña de esta familia mexicana dice que estaba entusiasmada. “En Detroit había demasiado ruido durante la noche para dormir bien y en Redford era más tranquilo, muy callado. Íbamos a tener nuestros propios cuartos en la nueva casa”, dice Zuarlemi Garita, que tiene diez años.

After the housing market collapsed more than a decade ago, new investors poured in to buy foreclosed homes and rent them out. Now, a $4.3 billion deal suggests that the bargain-hunting binge in housing is finally over. Two of the biggest institutional single-family landlords in the United States said Thursday that they planned to merge, an indication that the housing market has recovered much of the ground it lost in the financial crisis.