House Flipping news and trends

Opendoor Business Model Flaw Drives Losses on 42% of August Deals

September 19, 2022
real-estate-opendoor
Zillow To Flip Homes In Phoenix, Las Vegas
Real Estate // April 13, 2018

Zillow, the online real estate company, is getting into the business of buying and selling homes and will expand its Zillow Instant Offers service to Phoenix during April. In a press release, Zillow said that it is partnering with three brokerages: West USA  in Phoenix,...

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Opendoor Business Model Flaw Drives Losses on 42% of August Deals

September 19, 2022
Opendoor Technologies reported it lost money on 42% of transactions in August as the U.S. housing market falters for builders, flippers and others looking to sell houses, Bloomberg wrote Monday (Sept. 19). Opendoor has warned investors that it thinks it’ll lose as much as $175 million in adjusted earnings before taxes, depreciation and amortization in the […]

Zillow To Flip Homes In Phoenix, Las Vegas

April 13, 2018
Zillow, the online real estate company, is getting into the business of buying and selling homes and will expand its Zillow Instant Offers service to Phoenix during April. In a...