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Is DAN Stock A Buy or Sell?
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Eight Top Housing Stocks to Buy Go Beyond Traditional Home Builders
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Listings
With the M&A market for listings services heating up, eyeballs are worth a lot more than they used to be.
CoStar bought national search portal Homesnap for $250 million in November, pitting the CRE data giant against Zillow, Realtor.com and others in the residential game. CoStar also tried to buy CoreLogic and RentPath these past few months but failed in part due to scrutiny from the Federal Trade Commission.
But CoStar’s loss was Redfin’s gain: The real estate brokerage nabbed RentPath for $608 million in cash in April, expanding its presence in the rental market and bringing the millions of users on Rent.com, ApartmentGuide.com and Rentals.com under its control by 2022. Barely a week after Redfin closed on the deal, CoStar announced it was buying listings portal Homes.com for $156 million in cash.
Digital Lending Software Provider Blend Confidentially Submits Registration Statement with SEC to Go Public
Digital lending software provider
Blend Labs, Inc. revealed on April 15, 2021, that it has confidentially submitted a draft registration statement on Form S-1 with the
US Securities and Exchange Commission (SEC) relating to the proposed initial public offering (IPO) of its common stock.
As mentioned in a release:
“The number of shares to be offered and the price range for the proposed offering have not yet been determined. The initial public offering is expected to commence after the SEC completes its review process, subject to market and other conditions.”
What’s Causing Difficulty for Buyers in the Indiana Housing Market
STATEWIDE–The housing market is experiencing a shortage of houses along with higher demand from buyers with the pandemic playing a role.
Yet, there has been a shift in the last year, said Greg Cooper, real estate broker for the Cooper Group
“What we have gone from is a fear of COVID, why people weren’t putting their homes on the market, to a true fear of oh my goodness, where am I going to go, my home’s going to sell in an hour and a half,” said Cooper. He said the conditions aren’t that different in markets around the state. “It’s really this way if you’re in Jeffersonville, South Bend, or wherever.”
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