Items Tagged with 'Phoenix, Arizona'

ARTICLES

  • Opendoor and Redfin join forces to begin buying houses in Phoenix and Atlanta

    Opendoor will being buying houses via Redfin’s platform
    In what may seem like a surprising partnership between two would-be competitors in the burgeoning iBuyer market, Opendoor and Redfin are joining forces to buy homes in Phoenix and Atlanta. The companies announced this week that homeowners in those two cities will now be able to request a direct offer for their home from Opendoor through Redfin’s website and mobile apps.
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  • Zillow planning expansion of its home buying business in Southwest

    Establishes "Southwest Hub" for Zillow Offers in Phoenix
    It's been just over a year since Zillow expanded its business from simply facilitating the home sale to actually buying houses itself. Zillow has big plans for its home buying business, recently revealing that its current goal is to be able to buy 5,000 homes per month within as little as three years. To get there, Zillow will have to fortify and expand its home buying operations, and the online real estate giant took a step in that direction.
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  • Direct homebuyer Opendoor getting into mortgage business

    Piloting mortgage lending program in Phoenix
    Late last year, Opendoor, an online marketplace that buys homes directly from homeowners, announced that it raised $210 million to fund the company’s expansion beyond the two markets where it initially launched - Phoenix and Dallas-Fort Worth. At the time, the company said that it planned to expand to 10 new markets this year. As it turns out, that’s not the only way that Opendoor plans to expand; the company is also getting into the mortgage business.
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  • Report: Full recovery of Arizona’s housing market is still years away

    State is two years from full economic recovery
    Panelists at the 51st annual Economic Forecast Luncheon, co-sponsored by Arizona State University’s W. P. Carey School of Business and JPMorgan Chase, said that Arizona's housing economy is still years away from fully recovering all that was lost due to the economic downturn. But there is a light at the end of the tunnel.
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