Tag Archives: opendoor

IBuyers are paying above market — and reselling for more: Mike DelPrete

By | | Uncategorized
Comments Off on IBuyers are paying above market — and reselling for more: Mike DelPrete

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 →

Vacation rental giant Vacasa to go public with $4.5B valuation

By | | Uncategorized
Comments Off on Vacation rental giant Vacasa to go public with $4.5B valuation

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 →

After a pause, iBuyers are back in a big way: Mike DelPrete

By | | Uncategorized
Comments Off on After a pause, iBuyers are back in a big way: Mike DelPrete

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 →

IBuyer offers are clocking in at an average of 104% of market value

By | | Uncategorized
Comments Off on IBuyer offers are clocking in at an average of 104% of market value

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 →

Matterport finishes first day of trading slightly down

By | | Uncategorized
Comments Off on Matterport finishes first day of trading slightly down

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 →

3D tour giant Matterport makes its stock market debut

By | | Uncategorized
Comments Off on 3D tour giant Matterport makes its stock market debut

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 →

Opendoor’s mortgage attach rate jumps, but at what cost? Mike DelPrete

By | | Uncategorized
Comments Off on Opendoor’s mortgage attach rate jumps, but at what cost? Mike DelPrete

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 →