In the first and second quarters of 2022 Cupertino house prices reached an all-time high as buyers purchased before an expected interest rate increase. Prices then dropped until the first quarter of 2023. Then, even during a year of interest rate increases, house prices have risen from their…
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Opendoor iBuyer – When RE Tech Is Misused
In an August 1, 2022 press release the FTC had some harsh words for Opendoor Labs, Inc. In addition to imposing a $62 Million fine, the press release said: “There is nothing innovative about cheating consumers.” “in reality, most people who sold to Opendoor made thousands of…
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