Mortgage is the new money pit for portals: Mike DelPrete
Billions of dollars have been invested to disrupt the mortgage process — which is the path to profitability for many real estate tech companies. Continue reading
Billions of dollars have been invested to disrupt the mortgage process — which is the path to profitability for many real estate tech companies. Continue reading
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
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 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
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
Hard on the heels of its partnership announcement with Zillow and its $62 million FTC fine, Opendoor is banking on advertising to restore its brand reputation. Continue reading
Find out what Compass’ Q2 earnings numbers mean and what they’re doing to cut costs in the face of their ongoing cash burn. Continue reading
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
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
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