Trending News: January 18, 2023

Opendoor fights for survival, single-family rental market gets slammed by headwinds, and NAR reports new record for the number of REALTORS®.

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Show Notes

The iBuying king and a business model in turmoil: Opendoor faces a fight for survival after ‘an abrupt strategy pivot’ sent it to 2023 ‘without a proven business model. Read more

Single-family rental market slammed by headwinds: Some nonbank lenders, however, are positioned to profit from the market gale. Read more

Number of Realtors hits new record high for 4th-straight year: National Association of Realtors’ membership edged ever closer to 1.6M in 2022 but the trade group expects a drop this year. Read more

Music by: Gloria Tells from Epidemic Sound


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