April 26, 2024 12:08 am
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Online housing transactions on the upswing in metro Phoenix

More homeowners tapping online markets to pick up, sell off property

By Angela Gonzales | Phoenix Business Journal

Buying and selling homes online is heating up in the Phoenix metro area, thanks in large part to two of the biggest “iBuyers” in the business.

According to a report issued by Phoenix-based Maps & Facts Unlimited Inc., the two largest online home buying sites in Maricopa County in 2017 were San Francisco-based Opendoor and Gilbert-based Offerpad.

Together, they had more than 1,700 buy-and-sell transactions, with 450 of those identified as paired sales, or re-sales of the same house, said Tom Carson, GIS consultant at Phoenix-based Maps & Facts.

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.