Ads
related to: is opendoor still buying homes
Search results
Results From The WOW.Com Content Network
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 ...
Well, that affected Opendoor's ability to buy homes, which is essentially its entire business model. Revenue for the company went from a peak of $15 billion to $4.5 billion over the past 12 months.
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 ...
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.
The commission alleged that Opendoor, which uses software to buy homes from consumers and then put the properties back up for sale, tricked customers by promising they could make more money by ...
The real estate tech leader is taking steps to get back on track.
Ads
related to: is opendoor still buying homesopendoor.com has been visited by 10K+ users in the past month