National
Realogy, Home Partners of America iBuying venture hires first CEO
A joint venture between Realogy and Home Partners of America is poised to grow with the hiring of its...
iBuying
The Latest
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...
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...
National
FTC Chair renewing probe into Zillow’s $500M acquisition
Showtime isn’t over for the FTC and its review of Zillow’s latest acquisition, which had appeared to pass government...
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...
National Issue
It’s a house, not a home: Inside the commodification of residential real estate
In July, Dallas Tanner, the CEO of single-family rental behemoth Invitation Homes, announced that his company had spent $569...
Home buying and selling platform Reali raises $250M in Series B round
Reali, a startup that wants to streamline second-time home buying, raised $250 million in Series B funding, with plans...
National
FTC probing Zillow’s ShowingTime acquisition after lawmakers raise red flags
The FTC is reviewing Zillow’s pending acquisition of ShowingTime amid concerns from lawmakers of anti-competitive practices and consolidation among...
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...
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...