Despite a quickly slowing market in the second quarter, many of the dozen or more real estate companies that posted earnings last week managed to turn a profit and stave off ruin. Continue reading
The iBuying giant dramatically boosted home sales during the second quarter of 2022, generating $4.2 billion in revenue, but ended up back in the red with $54 million in losses. Continue reading
Despite a softening market and a recent FTC fine, Mike DelPrete described Opendoor as well-managed and in possession of enough cash to thrive for years to come, at Inman Connect Las Vegas. Continue reading
Regulators with the Federal Trade Commission on Monday accused the iBuyer of “cheating” and “tricking” consumers. Opendoor disagrees with the allegations but has agreed to settle the case. Continue reading
Major companies share how much money they made as the real estate market veered south earlier this year and as Inman Connect unfolds, bringing these leaders together in Las Vegas. Continue reading
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
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
HomeLight announced on June 29 that it planned to cut an unspecified number of jobs. Uher is confident in Power Buying and shares his views ahead of Inman Connect Las Vegas. Continue reading
Committee takes up the growing reach of institutional investors at a hearing this week. The biggest companies now own more than 280,000 single-family homes to rent. Continue reading
The iBuyer will now purchase and sell homes in Boston, Cincinnati and Albuquerque. The expansion comes amid a period of rapid growth for Opendoor. Continue reading