DelPrete: Opendoor is 'playing the long game', should survive downturn
Despite a softening market and a recent FTC fine, Mike DelPrete described Opendoor as well-managed and in possession of enough cash to thrive for years to come, at Inman Connect
by Jim Dalrymple II Aug 4
FTC fines Opendoor $62M for allegedly 'tricking' consumers
Regulators with the Federal Trade Commission on Monday accused the iBuyer of 'cheating' and 'tricking' consumers. Opendoor disagrees with the allegations but has agreed to settle the case
by Jim Dalrymple II Aug 2
These are the 10 states where homes are taking the longest to sell
Homes in New York state take an average of 130 days to get an offer and close a deal. That's longer than anywhere else in the US, according to a new study from online bank Tangerine.ca
by Jim Dalrymple II Aug 2
House from hell: Potential buyer's duty to clear out hoarder house
The house in Dover, New Hampshire, appears ordinary from the initial exterior shots until the listing photos take the viewer inside and reveal what appears to be an extreme hoarding situation
by Ben Verde Aug 1
A pivotal earning season is beginning. Here's what to know
Major companies share how much money they made as the real estate market veered south earlier this year and as Inman Connect unfolds, bringing these leaders together in Las Vegas
by Jim Dalrymple II Aug 1
Homebuyers with lower credit scores pay hundreds more: Study
The homebuyers with 'fair' credit scores can pay up to $288 more per month than those with 'excellent' scores, according to a new study by Zillow
by Ben Verde Jul 28
Opendoor hires 'seasoned executive' as new chief legal officer
Sydney Schaub most recently worked at cryptocurrency exchange Gemini as chief legal officer and joins Opendoor at a pivotal moment in the company's history
by Jim Dalrymple II Jul 28
'Overvalued' Western markets see biggest share of price reductions
Despite national growth in sale prices, these markets that saw spikes in popularity and price over the past 2 years are starting to see the most price reductions, data shows
by Ben Verde Jul 27
Spencer Rascoff: Housing demand 'has fallen off a cliff'
The former Zillow CEO said the rising cost of mortgages has cooled demand for homes, adding that he hopes in 2023 the Fed will be able to stop raising interest rates
by Jim Dalrymple II Jul 26
Ricoh360 Tours enhances listing solution with automatic floor plans
Floor plans are the 2nd most critical property marketing visual after photography, according to the National Association of Realtors 2021 Home Buyer and Seller Generational Trends report
by Craig C. Rowe Jul 25
Seller's market? Buyer's market? The pendulum is swinging
Homes are still selling, but the ongoing market shift is giving homebuyers more and more leverage everyday, agents and economists told Inman this week
by Jim Dalrymple II Jul 22
5 neighborhoods at once? Zillow rolls out new app feature
Homebuyers can now use the app to narrow their searches to specific neighborhoods, ZIP codes, cities, counties or entire states. It also notifies users of new properties meeting their criteria
by Daniel Houston Jul 21
Fredrik Eklund and Thomas Ma announce new agent social app
REAL, which so far has been downloaded 147,500 times, is like a mashup of WhatsApp, Instagram and Zillow for agents and consumers, Eklund said, but at 'lightning speed'
by Lillian Dickerson Jul 21
Two runners at the starting line
Despite its balancing out, the market remains far from homebuyer-friendly with buyers paying 75% percent more on the typical mortgage payments than in 2019, according to Zillow
by Ben Verde Jul 19
The long-awaited recovery in home inventory is gaining steam
The fast-paced cycle of the typical US home sale has begun to slow, paving the way for a recovery of the nation's depleted home inventory
by Daniel Houston Jul 15