Opendoor Technologies (OPEN) operates an iBuying model that buys homes directly from sellers and resells them quickly. The business hinges on tight margins and fast inventory turns. Opendoor shares ...
Nearly one in five American homes listed for sale reportedly saw a price cut in September, as rising inventory shifted more power to buyers. The number of listings with price cuts reached 19.9%, ...
A new report finds that homebuyers are receiving some of the steepest price discounts on record as sellers adjust their expectations. Zillow found that the typical listing in the U.S. had $25,000 in ...