The Latest

Jessie Smith, general manager, Opendoor (Opendoor, iStock)
National

Homecoming: Opendoor tries iBuying in Bay Area

Opendoor, the San Francisco-based iBuyer, will attempt to flip homes in the nation’s priciest housing market — its own....

Homecoming: Opendoor tries iBuying in Bay Area
Opendoor CEO Eric Wu and Offerpad CEO Brian Bair (Offerpad, LinkedIn)
National

Institutional investors crowding iBuying purchases

Wall Street is snapping up homes at historic rates, and it appears iBuyers are a key part of investors’...

Institutional investors crowding iBuying purchases
Opendoor amasses $9B in borrowing capacity
National

Opendoor amasses $9B in borrowing capacity

Opendoor is trying to outgrow its competition in the iBuying wars, amassing billions in new borrowing capacity to purchase more homes. The company recently arranged an amended mezzanine debt facility with a $3 billion...

Opendoor amasses $9B in borrowing capacity
Opendoor CEO Eric Wu (Resolute Ventures, iStock)
National

Opendoor stock spikes following strong Q2 earnings

Opendoor’s stock jumped 17 percent from Wednesday’s market closing after it reported strong second quarter earnings. Its shares closed...

Opendoor stock spikes following strong Q2 earnings
The average iBuyer offer is now above 100 percent of market value. (iStock)
National

iBuyers upping offers as housing market rises

Trust for iBuyers is not the only thing rising in the industry, as the prices they are offering for...

iBuyers upping offers as housing market rises
(iStock)
National

Bad news for agents: Buyers warming to algorithms

An iBuyer revolution is still percolating in the residential real estate market, but homeowners are certainly becoming more trustworthy...

Bad news for agents: Buyers warming to algorithms
Opendoor's Eric Wu and Will Holmes (Twitter, LinkedIn, iStock)
National

New Opendoor program gives agents big bonuses

Agents working with Opendoor can start seeing more money in their pockets. The country’s largest iBuyer just launched a...

New Opendoor program gives agents big bonuses
Opendoor CEO Eric Wu  (Getty, Opendoor)
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,...

Opendoor expands to Miami, 5 additional markets
Opendoor CEO Eric Wu (iStock)
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...

Opendoor revenue bounces back in Q1
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