IBuyers like Opendoor, Offerpad and Zillow Offers could be hugely successful, yet amount to a negligible market presence, said NRT CEO Ryan Gorman at the Inman Connect real estate industry conference in Las Vegas. Gorman broke down why he believes iBuyers aren’t an existential threat to the livelihoods of real estate agents, in a session entitled “Don’t […]
Why Are Californians Fleeing?
Housing is the main reason people are leaving California, according to a Los Angeles research firm. “Lower income Californians are the ones who are leaving, not higher income,” based on the U.S. Census Bureau’s American Community Survey data, said Christopher Thornberg, founding partner of the Los Angeles research and consulting firm Beacon Economics. But […]