An All-Time High In The US Real Estate Market
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The Upcoming Trend Of Revenge-Spending in 2021
“Revenge-spending” is a term that illustrates the customers’ buying behavior after the COVID restrictions spend more on shopping than their purchase habits before the pandemic. According to Bloomberg Economics estimation, over $1.7T in excess savings from the beginning of the pandemic (March 2020) to January 2021 and the latest round of stimulus payments by the Biden organization are ready for the Americans to get in the revenge-spending.
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A Signal Of Return Of Multifamily Market In The Midwest
A new normal phase is around the corner when the U.S. economy has dramatically recovered since April 2020. As a result, the multifamily sector across the nation, especially in the Midwest, expects to continue growing possibly in the foreseeable future and beyond.
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Ribbon - An Innovative Buying Process To Achieve Homeownership
Ribbon, founded by Shaival Shah and Jian Wei Gan, is a New York-based real estate company specializing in offering homeownership for new properties. As a leading homeownership facilitation platform, they have applied advanced technology to accelerate speed and cash proposals for every qualified inquiry. With 6 funding rounds, it has raised over $905M since 2017, the latest round of which is $150M in Series C and financing from Goldman Sachs in Sep 2021.
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