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.
An Arizona dog named 'Scooter' was named the world's ugliest dog at an annual contest in California.
Experts in England have reconstructed the face of a teenage girl who lived over 1,000 years ago.
In the latest Cheddar Feed, where we highlight some of the stories spotlighted on our social media, a 103-year-old Maine woman continues to lobster trap with family while an estimated 7.5 million Baby Shark products were recalled after several reports of injuries.
Taylor Swift performed her 'Dear John' song for the first time in years and pleaded to fans to stop cyberbullying as the song is long believed to be about her ex-beau, singer John Mayer.
Musical legend Elton John captivated audiences at the Glastonbury festival in what he said could be his last concert in England.
Mrs. Kasha Davis, star of "RuPaul's Drag Race All Stars," which recently kicked off its eighth season, spoke with Cheddar News about her time on the show, what she does outside of her program and how important it is for her to help children stay inclusive.
Legendary rapper Busta Rhymes was honored with the Lifetime Achievement Award and musical icon Patti LaBelle powered through a mishap while honoring the late Tina Turner.
Thousands gathered to attend New York City's annual Pride parade.
Hikers have found human remains in a Southern California mountain area where actor Julian Sands disappeared five months ago.
Thousands of effusive marchers danced to club music in New York City streets Sunday as bubbles and confetti rained down, and fellow revelers from Toronto to San Francisco cheered through Pride Month's grand crescendo.
