This Week in Startups E1095 The Next Unicorns E13: Roofstock CEO Gary Beasley is creating the real estate cloud, opening residential investing to millennials & more
Aug 12, 2020
Gary Beasley, CEO of Roofstock, leads a transformative online marketplace for residential real estate investment. He discusses innovative strategies for millennials to invest in homes, exploring the shift in housing demand due to remote work. The conversation covers the impact of low inventory and interest rates on the market and delves into how technology is revolutionizing traditional investment models, offering greater liquidity and faster transactions. Beasley also highlights community involvement as essential for informed, beneficial investment decisions.
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Housing Market Defying Gravity
- The housing market is currently defying gravity, much like the stock market.
- Low inventory and low interest rates contribute to a bull market, but the future is uncertain.
Sustainable Low Interest Rates
- Historically low interest rates are a major factor in the current housing market.
- These low rates are likely sustainable due to global weakness and Fed policy.