Having unloaded almost all of its older inventory, the iBuyer ramped up home acquisitions by 131 percent, to 840 homes, in the second quarter of 2023 and expects positive adjusted earnings by year's end.
The Fed has raised interest rates to fight inflation in the past. A new Intel analysis illuminates the data behind the "rate lock" of the early 1980s and how long it took home sales to eventually recover.