Sean Black, co-founder and CEO of Knock, talks about his announcement to take the company public in 2020. Knock allows homeowners to sell or trade in their home for a better one.
Black says the company decided to announce its IPO plans two years in advance thanks to his affinity for the NYSE. The NYSE also reserved Knock's ticker symbol: KNCK.
Black says the difference between Knock and a competitor like OpenDoor is that Knock will help homeowners purchase their next home, while OpenDoor will not. Black says OpenDoor also charges fees on top of the usual 3% for brokers.
Adam Turnquist, Chief Technical Strategist for LPL Financial, weighs in on the latest CPI data, what could get the Fed to lower borrowing costs, and the crypto rally.
Mark Hamrick, senior economic analyst at Bankrate, breaks down the current housing market and why he’s expecting affordability will get better as the year goes on.