Offerpad lost $24K on every home sold in Q4 as losses hit record high

Offerpad sold more than 10,000 homes last year for the first time in company history, but posted a record $121.1 million fourth-quarter loss, according to an earnings call for the iBuyer on Wednesday.

Leading Seattle team departs Sotheby’s for Engel & Völkers

The three-person Nielsen Group brings a collective 25 years of industry experience and an average annual sales volume of over $50 million to Engel & Völkers.

Total market value for US homes drops $2.3T from June: Redfin

In its latest real estate market report on Wednesday, Redfin said the total market value for U.S. homes dropped $2.3 trillion from June to December 2022 — the largest six-month drop since the Great Recession.

Matterport Q4 revenue grows to $41.1M in test of value in a downturn

Matterport earned $136.1 million in 2022, which wasn't enough to offset $26.5 million in losses for the final three months of 2022 and $116.6 million for the year, according to the company's latest earnings release on Wednesday. That was more than double the $46.9 million in losses Matterport report