Compass is not in immediate peril, but it is approaching a critical juncture where it will either need to raise more money or reduce expenses, according to data expert Mike DelPrete. Continue reading
Last year was a record year for Opendoor — and the latest data suggests that 2022 may turn out to be even bigger. Find out more on how the iBuyer is driving growth from data expert Mike DelPrete. Continue reading
Zillow and Realtor.com’s Q1 results shine a light on two key factors: overall revenue growth is slowing in a cooling market, and Zillow’s next-gen lead gen business, Zillow Flex, is building momentum. Continue reading
Zillow’s new strategy has the company going back to its roots, doubling down on agent lead gen, and extracting more revenue from real estate commissions. Continue reading
Recent growth and contraction in the mortgage, iBuyer and Power Buyer space have resulted in a reshuffling of the largest businesses aiming to disrupt the industry. Mike DelPrete analyzes the players and the strategies they’re using to create change. Continue reading
The monthly cost of renting a one-bedroom home has reached record highs in 13 of the past 14 months, according to Zumper. Continue reading
A new study found Portland lost 14 percent of its single-family rental stock in recent years following adoption of tenant protection laws. Continue reading
For months, the rise in home prices was in line with underlying indicators. Now, it may have gone too far, a Dallas Fed report suggests. Continue reading
IBuyer momentum, brokerage disruptors and power buyers were all part of the picture of the first quarter of 2022 in the real estate industry. Mike DelPrete takes a look back at the moves that made news already this year. Continue reading
Home price appreciation is through the roof, and that’s good news for Opendoor, according to Mike DelPrete. Its current listings are averaging 17 percent increases over the purchase price. Continue reading