Items Tagged with 'direct buyer'

ARTICLES

  • Opendoor raises $325 million, plans nationwide expansion

    Direct homebuyer plots expansion into 50 markets by 2020
    One of the biggest players in the growing direct homebuyer segment is about to get much, much bigger. Opendoor, an online marketplace that buys homes directly from homeowners, announced Wednesday that it secured $325 million in new funding and is planning a nationwide expansion of its homebuying platform.
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  • Direct homebuyer FlyHomes raises $17 million, plans expansion into mortgages

    Funding round led by prominent Silicon Valley venture capital firm Andreessen Horowitz
    There’s a growing player in the burgeoning direct homebuying segment that now boasts the backing of one of Silicon Valley’s top venture capital firms. Seattle-based FlyHomes recently announced that it raised $17 million in its Series A funding round, which was led by Andreessen Horowitz, which previously invested in Facebook, Airbnb, Foursquare, Skype, Twitter, and others.
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  • Lenders: Goldman Sachs, Zillow entering fix-and-flip market is a good thing

    “A rising tide lifts all boats”
    Over the last few years, the market for financing fix-and-flip projects and single-family rentals has grown significantly. In just the last year or so, massive players like Goldman Sachs, Zillow, Redfin, and others have entered those markets. And one might think that current operators in the fix-and-flip market would view those big companies entering the market as a bad thing, but that’s not the truth.
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  • Direct homebuyer Perch raises $30 million to fund expansion

    Currently available in San Antonio, Texas
    The move towards institutionalizing the home-flipping business has another player: Perch. The company, which is based in New York, launched recently and is currently buying houses directly from homeowners and selling those houses in San Antonio, Texas. The company plans to grow beyond San Antonio and has secured $30 million in funding to power that growth.
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