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...
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...
Showtime isn’t over for the FTC and its review of Zillow’s latest acquisition, which had appeared to pass government...
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...
In July, Dallas Tanner, the CEO of single-family rental behemoth Invitation Homes, announced that his company had spent $569...
Reali, a startup that wants to streamline second-time home buying, raised $250 million in Series B funding, with plans...
The FTC is reviewing Zillow’s pending acquisition of ShowingTime amid concerns from lawmakers of anti-competitive practices and consolidation among...
Opendoor’s stock jumped 17 percent from Wednesday’s market closing after it reported strong second quarter earnings. Its shares closed...
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...
Zillow didn’t set any profit records in the second quarter, but it did deliver all-time-high revenues in results consistent with...
