iBuyer Offerpad released its Q4/year-end financial results Monday, which included generating $114.1 million in revenue with 312 sold homes, a 34.5% YoY decline.  The company says its results reflect its continued execution within a disciplined operating model built to perform in a market constrained by housing affordability and inventory challenges and limited seller liquidity. Analysts…

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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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