iBuying


The Latest

Zillow CEO Rich Barton (Getty, iStock)
National

Zillow hits the brakes on iBuying

Zillow has temporarily halted its home purchases, potentially ceding ground to other iBuying companies in an increasingly competitive space. The company is working to address a backlog of purchased properties that has left its...

Zillow hits the brakes on iBuying
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
iBuyer bonds attracting Wall Street capital
National

iBuyer bonds attracting Wall Street capital

The increasing commodification of residential real estate is leading iBuyers — led by Zillow — to Wall Street. Last month, the company raised $450 million from a bond backed by homes it planned to...

iBuyer bonds attracting Wall Street capital
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
Rocket Homes starting iBuyer program
National

Rocket Homes starting iBuyer program

As optimism for iBuying grows, Rocket Homes is not sitting on the sidelines. The Rocket Companies subsidiary plans to launch its own iBuying program in the coming months. The company will hire on-staff real...

Rocket Homes starting iBuyer program
Zillow CEO Rich Barton (Zillow, Getty)
National

Zillow rides strong housing market to $9.6M profit in Q2

Zillow didn’t set any profit records in the second quarter, but it did deliver all-time-high revenues in results consistent with...

Zillow rides strong housing market to $9.6M profit in Q2

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