DENVER — Denver ranks as the seventh-hottest market in the country for instant online home sales, according to a new study released this week by home-value data provider Ownerly.
In the first list, Ownerly used data from Zillow and Redfin and ranked the top 10 current iBuyer markets as follows:
- Phoenix
- Atlanta
- Dallas-Fort Worth
- Houston
- Charlotte
- Raleigh
- Denver
- Las Vegas
- San Antonio
- Riverside, California
Short for “instant buyers,” iBuyers are online companies that provide rapid cash offers to purchase homes outright.
The companies use housing price algorithms to bid on and buy homes remotely, typically bypassing real estate agents, open houses and the traditional home sales process.
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