Zillow’s iBuyer misstep will soon be ‘a distant memory’: Mike DelPrete

Within the context of long-term industry disruption, Zillow’s loss may simply be an embarrassing detour on its inexorable march to transform real estate. Continue reading

As Zillow pumps brakes on buying, other stunned iBuyers forge ahead

Zillow says it’s facing supply and labor constraints. But other iBuyers, who expressed surprise over Zillow’s abrupt pause, say they aren’t suffering from the same issues. Continue reading

Offerpad launches in 106 central Ohio cities, including Columbus

The publicly traded iBuyer has launched its services in the Columbus metro area, bringing its number of markets to 22. Continue reading

Opendoor and FTC still at odds over iBuyer’s advertising

Regulator threatened “enforcement action” related to allegedly “inaccurate” or “inadequately substantiated” advertising claims if settlement talks fail. Continue reading

Redfin CEO, Zillow pour cold water on TikToker’s iBuyer theory

A recent viral video suggested iBuyers could jack up the prices of homes. But one expert called the theory “fairly conspiratorial,” and iBuyers themselves said they still have a tiny share of the market. Continue reading

Offerpad launches Kansas City, St. Louis markets in ongoing expansion

The iBuyer’s two new metros were the first since since the company went public earlier this month. Columbus, Ohio, is next on the list. Continue reading

Offerpad stock surges on second day of trading as iBuyers see gains

Offerpad’s stock spiked 27 percent on Tuesday before settling back down to $10 per share as investors continued to show interest in iBuyers. Continue reading