Lety  SyCip

Lety SyCip

REALTOR®

License #: CA DRE 01066644

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Offerpad CEO: Market Issues Main Cause of Glum Q3 Performance

USA Real Estate News-RISMedia - Mon, 2026-11-02 19:02

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.

California Voters Could Approve ‘Secondary Mortgages.’ Can the Golden State Solve the Housing Crisis?

USA Real Estate News-RISMedia - Mon, 2026-11-02 14:40

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.

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