Direct homebuyer OfferPad secures $150 million in funding to power growth

There certainly appears to be no shortage of money interested in investing in the burgeoning direct homebuyer segment. Opendoor has been raising money hand over fist at a valuation of more than $1 billion, a newcomer named Perch launched last week with $30 million in funding, plus publicly traded real estate giants Zillow and Redfin both recently expanded into direct buying. The other growing player is OfferPad, which announced this week that it recently secured $150 million in new funding to continue growing its direct buyer business.


Source: Housing Wire

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