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In a Q3 2026 earnings report Nov. 2, iBuyer Offerpad, known for giving homeowners cash offers within 24 hours, blamed the less-than-stout housing market for its less-than-stout numbers.  In a release and press conference, the company reported a net loss of $11.5 million, or $2.30 a share—with total closed real estate transactions numbering 324. Gross…

The post Offerpad CEO: Market Issues Main Cause of Glum Q3 Performance appeared first on RISMedia.

Lawmakers and advocates have made many attempts recently to address the affordability crisis that pervades the housing market—some more impactful than others. Legislative bodies have enacted laws addressing private listings, while President Donald Trump recently signed an executive order aimed at cutting costs for title and mortgage insurance and manufactured housing. In tomorrow’s general election,…

The post California Voters Could Approve ‘Secondary Mortgages.’ Can the Golden State Solve the Housing Crisis? appeared first on RISMedia.

Open Real Estate, the national initiative launched by big brokerage leaders last week that has promised to create a shared “infrastructure” for property listing data, today announced it has received 826 letters of support from real estate brokerage leaders. Behind the strength—and size—of its four founding brokerages (HomeServices of America, AGNT, Keller Williams and Real…

The post Open Real Estate Claims Early Broker, MLS Support as Initiative Touts ‘Significant Interest’ appeared first on RISMedia.