Tag Archives: wall street

Opendoor bounces back in first quarter after pandemic-driven downturn

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The beginning of 2021 was better for the iBuyer than the end of 2020, though it still has a ways to go before reaching its pre-pandemic strength. Continue reading →

Redfin reports $268M in revenue in first quarter, 40% jump over same period last year

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CEO Glenn Kelman said Wednesday that the company is “just about hitting on all cylinders” after hiring more agents and lenders in the second half of 2020. Continue reading →

Spencer Rascoff: iBuyers not to blame for supply shortage

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The former Zillow CEO touched on iBuying, real estate companies going public and “global asset inflation” during a discussion at Connect Now. Continue reading →

Bernie Madoff, ponzi schemer and real estate collector, has died

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Madoff stole billions from investors. and used some of the money to buy penthouses and mansions on multiple continents. Here’s a look at his one-time real estate portfolio. Continue reading →

Compass stock closes at $19.75 per share on first day on the market

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The brokerage saw its stop pop as high as $22 before closing at $19.75, a 9.7 percent jump from the public offering price. Continue reading →

Compass cuts IPO price range to $18-$19 per share from $23-$26

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In advance of tomorrow’s long-awaited IPO, the brokerage also slashed the number of shares it expects to sell to 25 million from its initial goal of up to 36 million. Continue reading →

Read all of Inman’s coronavirus coverage here

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Inman has published more than 300 stories on the coronavirus. Here’s our comprehensive list of coverage. Continue reading →

Coronavirus could bring consolidation, layoffs to proptech

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Venture capitalists have poured billions into real estate technology. But as the coronavirus hammers the economy, that funding may begin to dry up. Continue reading →