Intel is highlighting the most important data releases and events slated for each month of 2024 in an effort to help industry observers follow the arc of residential real estate's rebound this year
The Seattle-based brokerage and mortgage lender announced another round of layoffs on Friday. Flyhomes had layoffs in July and November 2022, with one round impacting 20% of its workforce
Wu founded Opendoor in 2014 and served as the company's chief executive officer until last year. He said in a statement that he's leaving to focus on building new things
The bombshell verdict of Sitzer | Burnett rocked the real estate industry, but recent earnings reports suggest many of its most recognizable CEOs don't anticipate major disruptions
CEO Carrie Wheeler told Intel that Opendoor wants to purchase 2,000-plus homes per month and that the company is leaning into partnerships like the ones it has with Zillow and eXp
The iBuyer saw revenue fall 71% year over year in the 3rd quarter of 2023. The company also lost $106M — a reversal from Q2's net profit
Sellers located outside of Offerpad markets who contact the iBuyer for services will be connected with eligible agents in the Anywhere Leads Network
So you've decided to join us at Inman Connect Las Vegas. Bravo! Here's a day-by-day breakdown of the conference along with some tidbits to get the most out of your week in Sin City
The iBuyer sold fewer homes and brought in less cash than it did during the same period in 2022, but it still managed to land in the black to the tune of $23M, according to Q2 earnings on Thursday
Having unloaded almost all of its older inventory, the iBuyer ramped up home acquisitions by 131%, to 840 homes, in the second quarter of 2023 and expects positive adjusted earnings by year's end
Major real estate companies began reporting Q2 earnings this week against a backdrop of high rates, low inventory and a sluggish economy. Analysts shared what they're watching with Intel
Intel takes a look back at the market trends, brokerage strategies, Wall Street happenings and legal controversies that shook the past 6 months and could well define the remainder of 2023
The former rivals are now jointly providing cash offers to consumers in a total of 16 markets, most of them spread out across the Sunbelt, according to an announcement Thursday
Most publicly traded real estate companies continued to bleed money in the first chunk of 2023. These metrics help explain why investors aren't panicking
The dominant iBuyer has taken extraordinary steps to survive this period of upheaval, writes real estate analyst Mike DelPrete, who dug deeper into last week's Q1 earnings exclusively for Intel
The chief executive of the largest iBuyer spoke to Inman about Opendoor's first-quarter earnings on Thursday — and expectations that the company is turning a corner after a rough 2022
The iBuying giant saw revenue dip 39% year over year at the beginning of 2023, according to a Q1 earnings call Thursday. It also sold and bought fewer homes compared to the beginning of 2022
Following a dramatic fourth quarter in which the iBuyer posted losses of $121.1M, Offerpad improved its net loss by 51% to $59.4M in Q1 as it continued to struggle to adapt to a shifting market