Opendoor aims for 2-minute pre-approvals with new app

The new app combs through data and comes up with a maximum price a consumer should be able to afford. Opendoor believes the process will be faster and easier for consumers than traditional pre-approvals. Continue reading

Home showings see unusual drop in April. Is it a blip or something else?

Showings were down across the U.S. in April, which is strange because April is typically when the housing market hits a high point, ShowingTime President Michael Lane said. Continue reading

Market shifts, rate hikes and why real estate stocks can’t get a break

As real estate enters what one observer called a “Wile E. Coyote” moment, real estate companies’ share prices continue to struggle amid market uncertainty. Continue reading

The shift has begun — but rate hikes won’t be housing’s Achilles’ heel

Experts expect home sales and price growth to slow down, but they don’t think rising rates will knock everyone out of the market. Continue reading

REX pivots to single-family rental market as its Hail Mary

Nearly two weeks after mass agent layoffs and the closure of two offices, controversial discount brokerage REX has yet to throw in the towel. Continue reading

Zillow, Opendoor and Compass debut on the Fortune 500

The companies all debuted within a few slots of established player Realogy, and highlight both the role of tech in real estate and the rise of bitter rivalries. Continue reading

Bezos-backed Arrived Homes glitches again as 6 sell in 8 minutes

During the latest release of six rental properties, high demand from investors caused problems. But homes valued at more than $1.7 million sold in minutes. Continue reading

Buyers are still fighting hard, despite costly home payments

The monthly payment on a typical home is 50 percent pricier than it would have been a year ago, yet competition remains fierce. Continue reading