Inman's first-ever Intel leadership survey revealed that leaders think the market will be worse in 2023 compared to 2022 — but they also expect to thrive regardless of the economic headwinds
by Jim Dalrymple II Mar 8
Brokerages, tech companies and mortgage providers all saw massive losses as the market soured at the end of 2022. But some leaders did have a few tricks up their sleeves
by Jim Dalrymple II Mar 2
With billions saved — and lost — Opendoor is living by the creed 'go big or go home.' Yet even after a dreary Q4, the iBuyer persists, which may be the biggest takeaway, Mike DelPrete writes
by Mike DelPrete Mar 1
The dominant iBuyer lost nearly $400M in the fourth quarter, according to an earnings call Thursday. That's better than the previous quarter, but a big jump from the same period in 2021
by Jim Dalrymple II Feb 23
Offerpad sold more than 10,000 homes last year for the first time in company history, but posted a record $121.1M fourth-quarter loss, according to an earnings call for the iBuyer on Wednesday
by Matt Carter Feb 22
Large publicly traded real estate companies are about to share their numbers from the most brutal quarter in years. Analysts are bracing for the worst — and watching to see who can thrive
by Jim Dalrymple II Feb 15
In his latest interview with Bloomberg, former Goldman Sachs investor Don Mullen explains why iBuyers won't survive much longer, calling them the 'forced sellers' of today's market
Struggling iBuyer confirms the company has laid off an unspecified number of employees in a second round of layoffs, with more details coming on Feb. 22 Q4 earnings call
by Matt Carter Feb 2
UK-based Purplebricks remains one of the best examples in the world of a real estate disruptor going from zero to one, according to Mike DelPrete. Here's what we can learn from its journey
by Mike DelPrete Feb 2
Private placement with existing investors including CEO Brian Bair extends the company's cash burn runway by six months to a year, dilutes existing shareholders KBW analysts say
by Matt Carter Feb 1
The market went south, but consumers' appetite for power buying didn't, according to a new report from real estate marketplace zavvie
by Taylor Anderson Feb 1
Compass went public in April 2021, and ever since then the New York-based brokerage has weathered a market downturn and seen investors' appetite for shares fall significantly
by Jim Dalrymple II Jan 25
Executives at pioneering iBuyer see tremendous opportunity if they can negotiate today's challenging 'in-between' phase where buyers and sellers are on the fence
by Matt Carter Jan 19
Opendoor faces a fight for survival after ‘an abrupt strategy pivot’ sent it to 2023 ‘without a proven business model.’ See the 5 biggest challenges facing the king of a troubled business model
by Taylor Anderson Jan 17
A financial firm recently set a $6 price target for Opendoor stock. That price would be substantially higher than what shares are currently fetching
by Jim Dalrymple II Jan 12