SoFi Blog

Tips and news—
for your financial moves.

The Company Chat: IPO Boom of 2019

Industry insights, IPO updates, and fun facts about some of the world’s favorite firms.

So far, you might describe 2019 as the year of the unicorn companies. These are startup companies valued over $1 billion, and many of them—like Lyft, Beyond Meat, and Zoom—are hitting the market for the first time. But what’s driving this current trend in IPOs, and will it continue?

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What Is the Average Age to Buy a House?

Millennials come with a litany of perceptions. They’re sometimes stereotyped as lazy, not having or wanting jobs, and portrayed as bingeing on Netflix and probiotic drinks from the comfort of their parents’ basement.

With murky perceptions like this, it could be easy to believe that millennials aren’t interested in investing for their futures. Of course, this narrative is overly simplistic at best, and dead wrong at worst.

Many millennials have had to overcome major obstacles to homeownership that their parents didn’t have, such as college costs that are growing faster than wages and ever-mounting student loan balances .

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What to Do With Your Tax Refund If You Already Have an Emergency Fund

If you got a tax refund this year, you’re probably still giddy about the extra money. Who doesn’t love an unexpected windfall? Maybe you gave the federal government a little too much out of each paycheck last year. But what matters now is that you’ve got a tax refund in hand, and you want to be wise about how to use it.

If you have yet to decide what to do with your tax refund, it might be time to set some priorities. This is going to be relatively painless, and hopefully it will help you gain some clarity on the money issues that keep you up at night.

If debt is dragging you down, this could be an opportunity to pay off a credit card or two, or some other high-interest debt that’s been plaguing you. If your refund is anywhere close to the average—which was about $3,000 last year—you could potentially take a serious bite out of any balances you’re carrying.

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Buying a Home in the Summer

If your summer plans consist of days spent by the pool, catching up on a juicy summer read, we’re jealous. If you’re in the market for a house, you may want to consider swapping your easy beach read for the real estate listings.

As the weather heats up, typically so do housing markets—nearly nearly 40% of housing sales occur between April and July . Nice summer weather can not only make it easier for real estate agents to show a house, but it can also simplify the process of moving since you don’t have to deal with snow, ice, or any wintery complications.

Before you head out to the plethora of open houses, consider these tips for navigating the summer home buying season.

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5 Home Improvement Projects to Do If You’re Trying to Sell Your House

While it may seem obvious, it’s worth repeating: When you put your house on the market, you want it to sell quickly. Case closed. But how do you make the magic happen?

Real estate agents know the real deal—curb appeal wins the day. First impressions matter to potential buyers, and that may mean completing some renovations before putting the house on the market to help it sell with speed.

If you’re interested in improving your home’s resale value, what project should you choose? Renovations can have varying impacts on your home’s value, so it might be worth doing a bit of research. The best value-boosting projects can change from year to year, depending on the economy, demand for raw materials, and buyer preference.

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