Home prices are rising across the U.S., and iBuyers, led by Opendoor, Zillow and Offerpad, are paying record-high, above market values for the homes they’re buying, but they’re also reselling them for more money than ever before. Continue reading
The rental management giant is merging with TPG Pace Solutions in a bid to go public via a special purpose acquisition company, or SPAC. Continue reading
For anyone concerned that the iBuyer model wouldn’t be popular in a seller’s market, the evidence shows that it is resonating with consumers more than ever, and market conditions are in fact fueling its growth. Continue reading
Amid a highly competitive market in the first half of 2021, iBuyers began making more competitive offers and expanding the range of homes they were willing to purchase. Continue reading
82 percent of homeowners in 1000watt survey said they either more likely to trust information from Zillow than from a real estate agent. Continue reading
The 3D imaging company’s shares debuted Friday at about $14.42 and ended the day around $14.20. The firm went public via a merger with a special acquisition company. Continue reading
The company will begin selling shares via a SPAC merger at a moment when interest in 3D tours is surging — and when more competitors are inching onto Matterport’s turf. Continue reading
For any company attempting to generate profits from adjacent services, and there are a lot, mortgage remains hard. It is no panacea for profitability. Continue reading
Opendoor launched new operations in Birmingham and Indianapolis, according to an announcement on Tuesday. The iBuyer said it would be in 42 markets before the end of 2021. Continue reading
Properly is a tech-based real estate brokerage in Canada with a model similar to U.S. iBuyers like OpenDoor and Zillow Offers. Continue reading