Offerpad Reaffirms Commitment to iBuying Despite Sharp Drop in Home Purchases
As shared during its recent earnings statement, iBuyer Offerpad acquired only 203 homes in Q3, a 54% drop from its Q2 acquisition rate of 443 homes and a 52% drop from Q3 2024 (422 homes). On the other side of acquisitions, Offerpad sold 367 homes during the quarter, 19% down from the 452 sold in…
The post Offerpad Reaffirms Commitment to iBuying Despite Sharp Drop in Home Purchases appeared first on RISMedia.
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