CEO Brian Bair offered reassurance in the wake of Zillow's iBuying exit that Offerpad's business model is working
Revenue was up 80%, real estate transactions were up 42% and agent count grew by 50% at the end-to-end services platform
The brokerage brought in $1.74B between July and September, but also lost $100M — and sees seasonality returning to the business
The company's latest earnings report reveals that the coronavirus pandemic is still impacting the housing market
Amid the continued shattering of annual sales pace records, inventory also took a slight hit during October, a report from realtor.com shows
The median sales price of single-family existing homes increased in 99% of the 183 markets measured by the National Association of Realtors, while 78% of markets saw double-digit price gains
Requests to refinance accounted for almost two-thirds of all mortgage applications during the week ending Nov. 5
Although rates will rise, they will remain very competitive when compared to historic averages, and it would take a significantly greater increase in rates to negatively impact prices. Windermere Chief Economist Matthew Gardner explains why
How will Opendoor and Offerpad respond to Zillow bowing out of iBuying? How is Compass faring as a fledgling public company? And is Keller Williams nearing an IPO?
Net income down 77% from a year ago, when refinancing boom drove higher profit margins
The most exclusive communities in the US got even tougher to buy into in 2021, as home prices soared in the nation's priciest ZIP codes, according to data firm PropertyShark
Increasingly negative consumer sentiment not seen as immediate threat to home sales, as homebuyer demand continues to outpace available listings
The company, which serves as a popular lead generation platform for many agents, saw its shares jump during the early hours of trading on Monday morning
Omaha, Nebraska, has risen to the top of up-and-coming market lists due to its affordability. But Omahans — especially those in the Blackstone District — know it has more to offer than cheap housing
The dip in mortgage rates this week was small compared to the rise recorded over the last month; economists say they expect more increases
Inman took a deep dive into pocket listings, which continue to polarize the real estate industry long after many thought the practice would disappear