Like many businesses, iBuyers took a significant hit during the pandemic. Home purchases dropped 90 percent as the major iBuyers paused their operations, and as they come back to life, the iBuyers are rebounding cautiously and slowly, suggesting a long road to pre-pandemic levels.
Source: Inman News
DelPrete: iBuyer market share plummets, slow recovery ahead
Published in Analysis, Coronavirus, Data, ibuyers, ibuying, offerpad, opendoor, pandemic, Redfin, RedfinNow, Select, teams, Technology, Zillow and Zillow Offers
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