The iBuying giant dramatically boosted home sales during the second quarter of 2022, generating $4.2 billion in revenue, but ended up back in the red with $54 million in losses.
Source: Inman News
Opendoor cutting prices in bid to get surplus inventory off books
More from ftcMore posts in ftc »
- Zillow ignores ‘noise,’ jabs from CoStar, as revenue climbs
- Zillow may be surrounded, but it’s not checkmate just yet
- CoStar says Zillow ‘always ready to play the victim’ in latest response
- Lingering questions, NAR opinion, new lawsuit: Inman Top 5
- Attorneys general pile onto Zillow-Redfin following FTC rental suit
More from ibuyingMore posts in ibuying »
More from Industry NewsMore posts in Industry News »
- Will Anywhere merger launch M&A arms race? It’s not yet clear: Intel
- Zillow defends private listing rule, criticizes Compass in new filing
- NAR’s Kevin Sears: We need to ‘show everybody that we as Realtors are pro-consumer’
- Despite unease, Compass poised to retain most Anywhere agents
- New Opendoor CEO’s plan: ‘Buy more good homes and get more good sellers through our funnel’
More from opendoorMore posts in opendoor »
- Trump’s 50-year mortgage is ‘a big nothingburger’ for homebuyers
- New Opendoor CEO’s plan: ‘Buy more good homes and get more good sellers through our funnel’
- From Vegas to venture capital: Navigating the uncertain path of the proptech founder
- Here’s how to save canceled listings and improve success rates
- Is the ‘proptech winter’ ending? This is what investors are watching
More from SelectMore posts in Select »
More from ZillowMore posts in Zillow »
- 53% of US homes lost value from 2024 — but it’s not a crash
- Will Anywhere merger launch M&A arms race? It’s not yet clear: Intel
- FICO scores, magic phrases, earnings digs: Inman Top 5
- Where else is Zillow not enforcing its private listing ban?
- Zillow defends private listing rule, criticizes Compass in new filing
Be First to Comment