National
Tomo digital mortgage startup enters Texas, Washington markets
Digital mortgage company Tomo entered the Dallas, Houston and Seattle markets today, aiming to help homebuyers compete with larger...
iBuying
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National Weekend Edition
Colombian iBuyer Habi raises $100M in Softbank-led Series B
Colombia-based iBuyer Habi has raised $100 million in a Series B fundraising round led by Softbank. It’s the second-largest...
National
Opendoor expands to Miami, 5 additional markets
As Opendoor hits a new milestone, the iBuyer is rolling out its operations in six new cities. Effective Tuesday,...
National
Opendoor revenue bounces back in Q1
Opendoor had some good news to share in its second earnings call as a publicly traded company. The company reported $747 million in revenue in the first quarter of 2021, an increase of 200...
National Issue
Inside Rich Barton’s quest to dominate homebuying
The lights were dimmed. Soft music played in the background as Dan Levy, clad in paisley pajamas, parted his...
National
Zillow to grow workforce by 40% in 2021
Zillow is staffing up to take on the white-hot housing market. The listing giant and iBuyer said it plans to hire 2,000 employees this year — increasing its remote and in-person workforce of around...
National
iBuyers lost $1.2B over two years: report
The big iBuyer experiment continues to be very, very costly. Opendoor and Zillow lost a combined $1.2 billion buying and selling homes over the past two years, including $607 million in 2020, according to...
National
Opendoor revenue plunged 45% in 2020
In its first earnings as a public company, Opendoor reported a 45 percent drop in revenue attributed to its pause in home-buying in the early months of the pandemic. The iBuyer generated $2.6 billion...
National
Zillow buys ShowingTime for $500M
Following a year in which home-buying services went virtual, Zillow has struck a deal to buy an online home-tour scheduler. The listings giant has struck a deal to buy ShowingTime.com, a home tour scheduler,...
National
Opendoor revenue plummets 45% in 2020
After Covid forced Opendoor into a five-month homebuying limbo in 2020, the newly public company is projecting a 45 percent drop in annual revenue. The instant homebuying startup projected $2.58 billion in 2020 revenue,...
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