November 22, 2024 12:49 am
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Las Vegas’ hot housing market spooked home flipper in 2018

Brian Bair

By Eli Segall /Las Vegas Review-Journal

Las Vegas’ housing market heated up last year with soaring prices and fast-selling homes.

It was such a frenzy that house flipper Brian Bair figured the market went to “crazy town,” so he racked up more deals elsewhere.

Bair is CEO of Offerpad, an Arizona startup that buys homes and sells quickly. Founded in 2015, it is active in about a dozen metro areas, including Phoenix, Dallas, Atlanta and Orlando, Florida, and has raised $975 million from investors and lenders.

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