New-home Sales Post Fourth Straight Monthly Gain
August 31, 2009 by Elad Bushari · Leave a Comment
Sales of new single-family homes rose 9.6 percent from June to July, reaching a seasonally adjusted annual rate of 433,000, the U.S. Commerce Department announced this morning. This marks the fourth consecutive month that sales have increased. But new-home sales were still 13.4 percent below the July 2008 estimate of 500,000, and prices continue to [...]
Walkable Neighborhoods Boost Property Values
August 31, 2009 by Elad Bushari · Leave a Comment
A new report by CEOs for Cities, a network of urban leaders, reveals that homes in walkable neighborhoods may be more valuable than homes in car-dependent ones.
The report, “Walking the Walk: How Walkability Raises Housing Values in U.S. Cities,” found that in 13 of the 15 markets examined, higher levels of walkability, as determined by [...]
Cambridge firm lands $20 million
August 29, 2009 by Elad Bushari · Leave a Comment
CAMBRIDGE – iWalk Inc. has received $20 million of a $21 million Series B round to fund development of a self-contained robotic prosthetic ankle, the company has confirmed.
The funding comes from Cambridge, Mass.-based General Catalyst Partners and New York-based WFD Ventures LLC, according to regulatory documents posted by the U.S. Securities and Exchange Commission this [...]
