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The U.S. Securities and Exchange Commission documents indicate that Homie has already raised about $2.3 million out of its new $10 million offering. The documents were filed on Jan. 15 and indicate that Homie expects the new fundraising round to last less than one year.
Billionaire Ken Griffin just cemented the most expensive real estate purchase in the U.S. — a luxurious New York penthouse for $238 million.
Daren Blomquist, a widely-cited real estate expert, has taken a new job at Auction.com as the company’s vice president of market economics.
U.S. home prices rose 0.4 percent from October to November and 5.8 percent year-over-year, according to data from the Federal Housing Finance Agency.