After posting losses in 16 of the past 18 quarters, Opendoor implemented the latest in a string of layoffs on Wednesday, primarily on the iBuyer's sales side, Inman has learned exclusively.
From Zillow’s return to profit to CoStar’s continued growth, Q1 earnings reveal how companies are adapting — and competing — in a shifting market.
The iBuyer also revealed Tuesday that it bought 3,609 homes in the first three months of 2025. That number represents a 4 percent year-over-year increase.
Offerpad's $15.1 million Q1 net loss is down 14 percent from Q4 2024, with home acquisitions up 18 percent from the previous quarter to 454.
Offerpad's market capitalization has dropped below $50 million for 30 consecutive trading days, and the New York Stock Exchange wants to know what it's going to do about it.
Companies that can't keep their shares over $1 risk being delisted from the stock market. Opendoor shares crossed that threshold this week, while Fathom crossed it last month.
Real estate brokerage Q4 earnings winners surged ahead by betting on rentals, AI-driven efficiencies and streamlined operations.
The iBuyer's $1.1 billion in Q4 revenue wasn't enough to offset a loss of $113 million. However, CEO Carrie Wheeler said the company entered 2025 as "a leaner, more efficient business."
In the wake of the National Association of Realtors' three-month-old rule change, executives are reassessing agent pay amid pressure on commissions, an analysis of Q3 earnings data shows.
Anywhere Real Estate, Redfin, eXp World Holdings and seven more of the nation's largest real estate companies are set to release quarterly data on Thursday that could illuminate their fitness in 2025.
Having slashed operating expenses by 40 percent from a year ago, the iBuyer has its sights set on boosting home purchases to 1,000 per quarter on lower cost structure.
The Q2 earnings are in: From Zillow’s revenue boost to RE/MAX’s struggles, Jessi Healey breaks down who's up and who's down.