In his latest interview with Bloomberg, former Goldman Sachs investor Don Mullen explains why iBuyers won’t survive much longer, calling them the “forced sellers” of today’s market.
Source: Inman News
‘Big Short’ investor says iBuyers could be obsolete by 2025
More from baby boomersMore posts in baby boomers »
- Generation Jones is most likely to downsize next. Are you ready?
- What experts have right (and wrong) about the Silver Tsunami
- Empty nesters own twice as many big homes as millennials with kids
- 35% of Americans hope the housing market will crash in 2024
- Gen Zers see ‘green homes’ in their searches, says RE/MAX study
More from generational trendsMore posts in generational trends »
More from Goldman SachsMore posts in Goldman Sachs »
- Skittish sellers, hungry buyers: How the Fed tanked housing
- Texas surged during COVID. Now, its luxury markets are being tested
- The investor who predicted 2008 bubble warns of ‘ominous’ burst
- Home sales have so much further to fall in 2023, Goldman Sachs says
- Manhattan’s luxury market sees worst sales week since Aug. 2020
More from ibuyersMore posts in ibuyers »
- Single-family home sales to investors hit all-time high
- Will Perisphere and other AI-fueled startups pilfer clients from agents?
- Offerpad narrows losses despite another quarter of falling revenue
- Eyes on inventory as Q1 earnings ramp up following a chilling 2022
- As iBuyers struggle, agents rethink relationships with cash-offer kings
More from market shiftMore posts in market shift »
- The 2 ‘buzzwords’ Keller Williams’ Marc King wants agents to master
- Ready to blow up your team? 5 tactics to turn it around
- 5 ways to nurture your clients through a shifting market
- Builders still on bumpy ride, but demand may have bottomed out
- RE/MAX’s keys to success in 2023: Recruitment, mergers, acquisitions
More from millennialsMore posts in millennials »
- Nepo Babies grow up as data points to new phenomenon: Nepo Buyers
- Tale of 2 housing markets will linger into 2024, Zonda economist warns
- 65% of millennials would still buy a home if interest rates were 10%
- Millennials are more real estate obsessed than their parents: Poll
- How millennial and Gen-Z Realtors are reshaping real estate
More from mortgage ratesMore posts in mortgage rates »
- Luxury home prices have reached new heights: Redfin
- 2 buyers scramble to make a deal as the spring market sprints ahead
- Homebuyers rush to lock as mortgage rates hit new 2024 highs
- Homeseller sentiment is lukewarm as spring homebuying ramps up
- Instead of cutting rates, what if the Federal Reserve raises them?
More from offerpadMore posts in offerpad »
- The biggest wins, losses and news from Q4 2023 earnings
- Opendoor’s partnership with eXp officially goes live
- Offerpad narrows Q4 loss, expects to be back in black later this year
- Real estate CEOs: Big changes from bombshell suits ‘improbable’
- Opendoor can’t hang on to profitability as Q3 revenue craters
More from opendoorMore posts in opendoor »
More from SelectMore posts in Select »
More from TechnologyMore posts in Technology »
- Flat-fee brokerage Homie makes remarkable pivot amid upheaval
- Undeterred by federal scrutiny, RealPage continues to innovate
- Digital insurance marketplace Matic grows mortgage clientele
- Proptech investment is way down — but these 4 areas still see demand
- Shape real estate’s future: Take the Inman Intel Index survey for April
Be First to Comment