Opendoor hires ‘seasoned executive’ as new chief legal officer

Sydney Schaub most recently worked at cryptocurrency exchange Gemini as chief legal officer and joins Opendoor at a pivotal moment in the company’s history. Continue reading

‘Overvalued’ Western markets see biggest share of price reductions

Despite national growth in sale prices, these markets that saw spikes in popularity and price over the past two years are starting to see the most price reductions, data shows.  Continue reading

Spencer Rascoff: Housing demand ‘has fallen off a cliff’

The former Zillow CEO said the rising cost of mortgages has cooled demand for homes, adding that he hopes in 2023 the Fed will be able to stop raising interest rates. Continue reading

Ricoh360 Tours enhances listing solution with automatic floor plans

An early leader in the vertical integration of 3D home tour capture and publishing, Ricoh360 Tours is building on its success with the launch of a new floor plan creation engine. Continue reading

Seller’s market? Buyer’s market? The pendulum is swinging

Homes are still selling, but the ongoing market shift is giving homebuyers more and more leverage everyday, agents and economists told Inman this week. Continue reading

5 neighborhoods at once? Zillow rolls out new app feature

Zillow app users can now focus their results to several key locations — from multiple cities all the way down to desired neighborhoods. Continue reading

Fredrik Eklund and Thomas Ma announce new agent social app

REAL is like a mashup of WhatsApp, Instagram and Zillow for agents and consumers, Eklund said, but at “lightning speed.” Continue reading

‘Storm of rising costs’ is giving some persistent homebuyers an edge

Despite its balancing out, the market remains far from homebuyer-friendly with buyers paying 75 percent more on the typical mortgage payments than in 2019, according to Zillow. Continue reading

The long-awaited recovery in home inventory is gaining steam

The fast-paced cycle of the typical US home sale has begun to slow, paving the way for a recovery of the nation’s depleted home inventory. Continue reading

Zillow vs. Opendoor: Who’s doing it better right now?

Opendoor made over 2 million offers to curious homeowners in 2021, exponentially more than ever before. According to Mike DelPrete, this highlights the growing potential of Opendoor’s top-of-the-funnel customer appeal — which is beginning to rival Zill… Continue reading