Headwinds

Opendoor Highlights Expansion of Off-MLS Listings as Company Confronts Headwinds

Opendoor wrapped up 2024 with a mixed bag of financial results, reflecting the “persistent macro headwinds” of the housing market. At its fourth quarter and full year 2024 earnings call February 27, the report showed an increase in revenue, home acquisitions and net losses. The iBuyer brought in $ 1.1 billion, up 25% from 2023’s […]

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Commercial Weekly: Modest Rent Differences and Rising Construction Cost are Headwinds for Office-to-Residential Conversions in Major Metro Areas

The conversion of vacant office space for residential use faces hurdles from rising rental and construction costs. www.nar.realtor – Research

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