Opendoor pushes AI pivot amid stock volatility

Opendoor’s CEO shakeup and AI pivot signal a push toward software-driven homebuying, as the iBuyer navigates investor scrutiny. Continue reading

Is the ‘proptech winter’ ending? This is what investors are watching

Some companies that were red-hot during the COVID housing market had to either pivot or die when rates rose and major funding rounds dried up. But green shoots may be emerging. Continue reading

Opendoor continues C-sweep with CFO swap

Christy Schwartz, the iBuyer’s longtime chief accounting officer, was named interim CFO. She’ll replace Selim Freiha, who served as CFO for less than a year. Continue reading

Opendoor’s resurrection: Will there be an iBuyer afterlife?

The old paradigm of iBuying is over, Revaluate’s Chris Drayer writes. Whatever happens next may put real estate agents back at the center of the transaction. Continue reading

Here’s how much extra money you’d have if you invested $1K in Opendoor last month

Investors who kept the faith even as the iBuyer’s stock price was plummeting earlier this summer are being rewarded now with a surge following the announcement of Kaz Nejatian as the new CEO. Continue reading

Opendoor announces new CEO: Shopify’s Kaz Nejatian

Nejatian has a background as a lawyer, and most recently helped build teams and products at Shopify since 2019. His appointment follows Carrie Wheeler’s resignation last month. Continue reading

Next question for Opendoor: ‘Kill agent partnership,’ or work with real estate pros?

After a stock rally and CEO ouster, investors are turning their attention to what’s next for Opendoor. Some say the company must work with agents. Others disagree. Continue reading

Opendoor CEO Carrie Wheeler resigns under pressure from investors, co-founder

After months of investor criticism, Carrie Wheeler has resigned as Opendoor CEO. A search for a new CEO is now underway as Shrisha Radhakrishna takes the reins in the interim. Continue reading

He started the Opendoor stock rally. Now he wants the CEO out

Investor Eric Jackson takes credit for leading retail investors to buy a stock that was worth 51 cents a month ago. Next, he wants to join the board of directors and oust CEO Carrie Wheeler. Continue reading

VC-backed Roam seeks to connect buyers to assumable mortgages

In theory, any government-backed FHA, VA and USDA loan is assumable, and with mortgage rates at levels not seen in two decades, interest in this little-used option has been growing. Continue reading