Opendoor, an “iBuyer” that makes quick offers on homes and can close in days, is gearing up to expand to Orlando and Tampa, Florida. The expansion will mean squaring off in new markets against competitor OfferPad and Zillow Instant Offers, an iBuyer marketplace that includes OfferPad but excludes Opendoor. Opendoor, which has raised more than $300 million […]
We’ll add more market news briefs throughout the day. Check back to read the latest. Most recent market news Friday, July 21 Mortgage Rates Move Lower 30-year fixed-rate mortgage (FRM) averaged 3.96 percent with an average 0.6 point for the week ending July 20, 2017, down from last week when it averaged 4.03 percent. A […]
In June, HGTV teamed up with Leading Real Estate Companies of the World and Luxury Portfolio International for its 2017 Ultimate House Hunt. The month-long showcase and contest featured the world’s most beautiful homes across eight categories, such as “Modern Masterpieces” and “International Homes.” “Each year we look forward to joining with HGTV and working with […]
Who got hired or promoted this week? Here’s our weekly rundown. From last week: Lizete Alves Nestio, a real-time marketing and leasing management platform, has announced that Lizete Alves joins the firm as its business development and partnerships director. In this role she will be responsible for solidifying the firm’s partnerships and integrations, and managing […]
Check Inman every day for the daily version of this market roundup. Day-by-day market activity: Friday, July 21 Mortgage Rates Move Lower 30-year fixed-rate mortgage (FRM) averaged 3.96 percent with an average 0.6 point for the week ending July 20, 2017, down from last week when it averaged 4.03 percent. A year ago at this […]
While real estate agents chase leads and close deals on houses, there’s another level of deal-making that takes place within the real estate industry: mergers, acquisitions, integrations and partnerships. We’ll be recapping every week’s noteworthy deals that didn’t make it into print (and some that did) for your perusal. We missed you last week! July […]
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