Exactly one year ago, Zillow Offers was in a similar position to the one that Opendoor now finds itself in and shut down its operations. Mike DelPrete offers insight into the path forward for Opendoor and why it might be different this time around. Continue reading
Real estate employers added about as many jobs in September as would normally be expected this time of year, despite the market downturn. Continue reading
It’s the question everyone is asking right now, and the answer depends in part on your knowledge of the market and in part on the client’s personal perspective. Jimmy Burgess talks to David Childers, president of Keeping Current Matters, to determine h… Continue reading
The month saw active listings grow at a rapid pace even as new homesellers declined annually for the fifth straight month, falling 15.9 percent, according to a report. Continue reading
Steep declines in core revenue streams like broker fees were offset partly by the acquisition of independent franchise network RE/MAX Integra, according to earnings data on Thursday. Continue reading
In total, Opendoor suffered a net loss of $928 million between July and September, according to an earnings report Thursday. That’s up from a loss of just $57 million during the third quarter of 2021. Continue reading
Redfin data shows that Arizona and Nevada were the second and third most popular states respectively for people moving away from California in 2020. Continue reading
Rising home prices, mortgage rates and inflation slashed the share of first-time buyers down to 26 percent — the lowest level since the National Association of Realtors began surveying buyers and sellers in 1981. Continue reading
From Tennessee to Michigan, 18 states lay claim to the country’s largest and smallest homes now on the market, according to a new analysis. But the wildest extremes can be found in one region. Continue reading
As prices began to fall, home equity held strong. Even the most distressed properties held positive equity in the third quarter of 2022, according to a new report from Attom. Continue reading