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Like other online real estate stocks, Opendoor's business is highly sensitive to the state of the housing market, and with existing home sales still down roughly 40% from before the pandemic ...
The real estate tech leader is taking steps to get back on track.
The better buy: Realty Income. Opendoor's business might stabilize over the next few quarters, but its business model is still shaky, the company is burning lots of cash, and it's carrying a ...
With an enterprise value of $3.05 billion, it still looks dirt cheap at 0.6 times next year's sales. But what could go wrong? Opendoor trades at such a steep discount because it hasn't proven its ...
Opendoor Technologies Inc. is an online company that buys and sells residential real estate. Headquartered in San Francisco, it makes instant cash offers on homes through an online process, makes repairs on the properties it purchases and relists them for sale. [2] It also provides mobile application-based home buying services along with financing.
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The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Opendoor Technologies wasn’t one of them. The 10 stocks that ...
Real estate technology company Opendoor Technologies (NASDAQ: OPEN) stock dropped 32% in December, according to data from S&P Global Market Intelligence. Mortgage rates went back up after receding ...
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