Opendoor


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Opendoor amasses $9B in borrowing capacity

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)

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)

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)

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)

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)

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)

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
This is your home on tech
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This is your home on tech

Listings With the M&A market for listings services heating up, eyeballs are worth a lot more than they used to be. CoStar bought national search portal Homesnap for $250 million in November, pitting the...

This is your home on tech
Offerpad's Brian Bair, Zillow's Rich Barton and Opendoor's Eric Wu. (Offerpad, Zillow, Opendoor)

How the “Big Three” iBuyers stack up

Until recently, iBuying was largely a two-horse race. Now, Offerpad’s decision to go public in a $3 billion SPAC deal has put rivals Opendoor and Zillow on notice. The deal, with a blank-check firm...

How the “Big Three” iBuyers stack up
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