Homebuyers/sellers wanting to live in legal abortion states spikes to 19%

As different states’ laws on sensitive subjects like abortion rights and gender-affirming care for children have changed in the last year, consumers take a harder stance this year on where they consider living based on political views, a new Redfin sur… Continue reading

For the first time, Opendoor is selling homes at a loss: DelPrete

After outpacing the competition, market conditions have finally caught up with the iBuyer, forcing it to prove that its model still works — even in a downturn. Continue reading

Opendoor’s buyer agent commission advantage: DelPrete

Opendoor is deftly turning its super-skimpy buyer commissions into a competitive advantage to optimize its business model. Mike DelPrete looks at the data and explains what it means for the industry. Continue reading

Sellers’ strike? New listings fell in August as active listings increased

Inventory rose due to a steep drop in homebuyer demand and homes that are spending more time on market while sellers pulled back on listing new properties, according to Realtor.com data. Continue reading

Breaking down the Zillow-Opendoor partnership: An ex-Zillow guy’s take

It’s the matchup of two erstwhile rivals and bitter foes to many in the real estate industry. Zillow veteran Jay Thompson offers insights into the partnership that has tongues wagging and agents shaking their heads. Continue reading

Zillow and Opendoor’s partnership: ‘A match made in lead-gen heaven’

The former rivals are now bedfellows in a new partnership that seeks to use the power of Zillow’s platform to feed Opendoor’s sales funnel. Find out how Mike DelPrete sees this shift playing out and impacting the iBuyer market. Continue reading

Wrong predictions, rate jumps and what’s (maybe) still to come

In as much as economists expected rates to rise this year, nobody anticipated how fast they would rise. So what went wrong? Matthew Gardener, chief economist for Windermere Real Estate, lays out what happened and what’s next. Continue reading

The international buyer pool dropped to a new low last year

Foreign buyers, either noncitizens living in the U.S. or those with permanent homes outside the country, scooped up 98,600 existing homes between April 2021 and March 2022, NAR reports. Continue reading