Fifth Wall VC firm recently announced a $135 million investment with its anchor LP Lennar and Opendoor. Co-founder Brendan Wallace sits down in Los Angeles with Alyssa Julya Smith to talk about how the deal is going to make home buying easier and more streamlined.
Wallace talks about how his team orchestrated this partnership to address the market and believes making homes more liquid is the single most important thing that could happen in the U.S. economy. He explains that if homes become more frictionless to transact, homeownership is democratized in a way it has never been before. The corresponding social and economic implications could be profound, Wallace says.
Opendoor is helping this happen with its streamlined sales process and through its partnership with Lennar, one of the largest home builders in the country. Currently, Opendoor can scale the sales process down to just a few days.
Labor Day is right around the corner. Celebrity party planner Mikie Russo joined Cheddar News to provide tips on how to throw a jam on a tight budget.
Chef Melba Wilson, owner of Melba's in Harlem, NY, joined Cheddar News to provide some tasty cuisine for Cheddar News.
Police charged a University of North Carolina graduate student Tuesday with first-degree murder in the fatal shooting of a faculty member that caused a campus lockdown amid a search for the gunman.
Tips for throwing a next-level U.S. Open party.
France will be destroying more than 100 Olympic-sized pools worth of wine.
A new movie trailer shows the story of Bayard Rustin, a forgotten activist who had a pivotal role in making the 1963 March on Washington happen.
Some stars will make an appearance at the Venice film festival.
Data gathered by The Associated Press show at least 14 of the 20 most populous U.S. cities are hosting or starting programs, sometimes called civilian, alternative or non-police response teams.
Hawaii’s electric utility acknowledged its power lines started a wildfire on Maui but faulted county firefighters for declaring the blaze contained and leaving the scene, only to have a second wildfire break out nearby and become the deadliest in the U.S. in more than a century.
Monday marks 60 years since Dr. Martin Luther King, Jr.'s 'I Have a Dream' speech during the March on Washington.
