Kate Wood joined NerdWallet in 2019 as a Writer on the homes and mortgages team. Her work on homebuying, renovation and FHA loans has been featured by USA Today, Yahoo, MSN and The Associated Press, among others. Kate previously wrote about home remodeling, decor and maintenance for This Old House magazine. With degrees in sociology from Vassar College and the University of California, San Diego, Kate is passionate about issues like housing inequality.
iBuyers' success comes from volume and speed, so it's not especially surprising that this type of sellers' market presents challenges for that business model.