30-Yr. Fixed Conforming. Updated hourly during market hours.
Single family homes on the market. Updated weekly.Powered by Altos Research
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Awards

2019 HW Tech Trendsetter: Gary Beasley

Co-Founder and CEO, Roofstock

Gary Beasley, Roofstock co-founder and CEO

Gary Beasley set out to transform how people can invest in real estate by co-founding Roofstock, a platform that invites a new type of investor into the space by treating investments like stock portfolios.

As CEO, Beasley has brought institutional-level tech, underwriting and operations to the single-family rental space, which he felt lacked accessibility and transparency. To make Beasley’s vision come to life, Roofstock employs technology to break down geographic barriers to real estate investing, enabling participants to invest in a property from thousands of miles away by providing them with access to research, analytics and insights to keep them informed. For example, Roofstock’s proprietary software uses Census data to rate neighborhoods based on an algorithmic assessment of area-specific risks and benefits. Under Beasley’s leadership, Roofstock eclipsed $1.5 billion in transaction volume within three years of its launch and is poised for continued growth.

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The story for the housing market over the past three years has been, “Home sales are down, home prices are up.” Because inventory was so restricted after the pandemic, prices pushed higher even as demand weakened. That story may finally be inverting as unsold inventory of homes is now great enough that home prices are […]