Tag Archives: Industry News

Mortgage is the new money pit for portals: Mike DelPrete

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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 →

Amid Hurricane Ian disaster, real estate pros begin picking up pieces

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The storm slammed into southwestern Florida with winds as high as 150 miles per hour. President Biden said it may prove to be the deadliest hurricane in the state’s history. Continue reading →

Opendoor expands rapid preapproval app to 3 new states

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Once only available in California, the expansion will see the Opendoor Finance App available in Texas, Arizona and Georgia, promising consumers preapproval letters in 60 seconds or less. Continue reading →

LGBTQ+ Real Estate Alliance calls on RPAC to adopt ‘Article 10 Rule’

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In the wake of Florida Realtors’ support of anti-LGBTQ Gov. Ron DeSantis, the LGBTQ+ Real Estate Alliance has called on NAR and RPAC to evaluate political candidates’ credibility using the group’s Article 10 anti-discrimination provision. Continue reading →

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

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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 →

Ribbon back in expansion mode with push into Illinois and Michigan

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Less than two months after layoffs, the power buyer says it’s still on track to meet a goal of being operational in 25 states by the end of the year. Continue reading →

Does remote work spell doom for Florida’s housing market? The Real Word

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Byron Lazine and Nicole White discuss mortgage fraud, rising home prices in the Sunshine State, and news from Left, Right and Center. Find out what they have to say about these hot topics, and watch this week’s The Real Word. Continue reading →