The platform has acquired its first luxury property in Arizona, a 4-bedroom, 4-and-a-half-bathroom home in Cave Creek, a popular desert resort community north of Scottsdale
The Denver-based company, which offers owner-operated rental companies and single-family landlords guaranteed rent for up to 3 years, is eyeing Raleigh, NC as its next market
Annual rent price gains soared 7.8% in 2021, notching a record-breaking year amid a supercharged market, according to new data released Tuesday by CoreLogic
The launch brings the world's biggest iBuyer to one of the world's most challenging real estate markets — and marks a new chapter for the iBuying concept
Prices are up as high as 30% in some relocation hotspots across the Sun Belt, where 9 of the 10 most popular US relocation destinations are, according to a report from Redfin released Monday
Intense competition appears to have driven down average buyers' agent commissions last fall to their lowest point since at least 2017
IBuying has existed for years, but it's growing faster than ever and now approaching the scale that could finally make it profitable
Opendoor faces an array of challenges from other companies and sectors as it aims to hold its position as the biggest and most successful iBuyer in the world
Investors purchased a record 18.2% of US homes, amounting to a new high of $63.6B in homes during the third quarter of 2021, according to a new Redfin analysis released Monday
The city council just approved an effort that will look for strategies to stop iBuyers such as Opendoor and Redfin
At Inman Connect Las Vegas, 4 proptech executives discussed how technology can be used to empower agents to save time, flatten work processes and better serve clients
Opinion
Within the context of long-term industry disruption, Zillow's loss may simply be an embarrassing detour on its inexorable march to transform real estate
Luxury real estate agents reported having record years, and high-end properties have grown to become a larger and larger share of the overall market this year
A recent viral video suggested iBuyers could jack up the prices of homes. But one expert called the theory 'fairly conspiratorial,' and iBuyers themselves said they still have a tiny share of the market
The new highs surpassed records set between 2000 and 2001. As of July, the average monthly apartment rent in the US hit $1,549