Realtor.com®, the leader in online real estate operated by Move, Inc. (NASDAQ: MOVE), released its April data showing that the U.S. housing market is on its way to a broad-based recovery, an accelerated trend since March. The home buying season shifted into high gear last month as inventory and home list prices on realtor.com® increased by 4.12 percent and 2.63 percent, month over month, respectively.
Within this prestigious group, Leading Real Estate Companies of the World® members represented 13 of the top 25 brokerage firms in the U.S. and produced 27% of the total sales of the top 500 companies, compared to 20% by its closest competitor.
"I think the magic of Silicon Valley (and, most visibly, San Francisco) is not in fostering risk-taking, but instead in making it safe to work on risky things. The phenomena is larger than the people: having traveled a lot, I would argue that the entrepreneurs and engineers in San Francisco are pretty much the same sorts of people as the ones you'd find anywhere.
But there are two things happening in Silicon Valley that are qualitatively different from New York or London (or pretty much anywhere else): First, the sheer density of tech entrepreneurs per capita is 10 times greater than the norm for other cities, and second, there is a far greater level of information sharing between entrepreneurs here. Putting a sharper point on that second one: In New York City they ask you to sign NDA's, and in San Francisco we don't. And what may feel a bit risky for the one turns out to have a big positive benefit for the many."
A few years ago, one of the general partners at Trinity Ventures, Dan Scholnick, started floating the idea to his colleagues that the VC firm should expand from its headquarters on Sand Hill Road by establishing a beachhead in San Francisco.
When it comes to mortgages, homebuyers answered basic questions about terms, how to choose a lender and financing wrong nearly one-third of the time, according to an April survey of more than 1,000 current and prospective homeowners by real estate website Zillow.
Realtor.com®, operated by Move, Inc. (NASDAQ: MOVE), and Xceligent, Inc., a leading provider of proactively researched commercial real estate information and marketing, today announced a strategic agreement to launch enhanced commercial search functionality on realtor.com® the official website of the National Association of REALTORS®.
San Francisco Mayor Edwin Lee has long been outspoken in his support for new laws that would foster a thriving environment for the emerging sharing economy. How does he describe the laws that restrict the growth and legality of travel startups in the the Valley?
"Ron Conway has in two short years become one of San Francisco’s power brokers, using his wealth and contacts to pursue his vision of the city.
Having amassed a fortune by investing early in Google, Facebook, Twitter and other start-ups, Mr. Conway has become, in two short years, one of San Francisco’s power brokers, using his wealth and network to pursue his vision of a business-friendly, tech-driven city with single-minded clarity."
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