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Jamie Reece’s interview starts at 13:30.
Mortgage demand declines at a slower pace: The slowdown occurred after rates dropped slightly prior to the Fed meeting. Read more
Offerpad posts net loss of $80M, ending profitability streak: The iBuyer brought in higher-than-expected revenues but racked up a much higher net loss than the previous year. Read more
Opendoor lost nearly $1B in Q3 in ‘once-in-40-years market transition’: In total, Opendoor suffered a net loss of $928M between July and September. That’s up from a loss of just $57M during the third quarter of 2021. Read more
Zillow sees Q3 revenue dip, but manages to significantly trim losses: The company brought in $483M in revenue and suffered a loss of $53M — an improvement over the Q3 2021 losses of $329M.Read more
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Music by: Gloria Tells from Epidemic Sound