Home ownership has plummeted since the 2008 recession as costs rise, and Americans lack the necessary savings. Many have turned to renting due to the flexibility and less capital-intensive nature. John Kobs, Co-Founder and CEO of Apartment List, a platform helping renters find a home, joined us to discuss the current state of the rental market.
The company just announced a new partnership with Realtor.com. Kobs breaks down how this collaboration helps connect renters with properties on its platform. Apartment List will be powering all of the rental listings from the multi-family sector on realtor.com.
Earlier this year, Apartment List teamed up with Facebook to get its listings on the social media platform's marketplace. Whenever a property manager advertises on Apartment List, it will also show up on the Facebook marketplace.
Wealthfront’s CFO Alan Iberman talks the $2.05B IPO and the major moment for robo banking as the company bets on AI, automation, and “self-driving money."
A rare magnum of Dom Pérignon Vintage 1961 champagne that was specially produced for the 1981 wedding of Prince Charles and Lady Diana has failed to sell during an auction. Danish auction house Bruun Rasmussen handled the bidding Thursday. The auction's house website lists the bottle as not sold. It was expected to fetch up to around $93,000. It is one of 12 bottles made to celebrate the royal wedding. Little was revealed about the seller. The auction house says the bids did not receive the desired minimum price.
