The Latest Breaking News from Opendoor

The National Association of Home Builders/Wells Fargo Housing Market Index fell three points in September to 46, a bearish reflection of current U.S. homebuilder sentiment.

As mortgage rates topped 6%, for the first time since the 2008 financial crisis, new home buyers are being squeezed on multiple fronts since elevated home prices, interest rates, and rising inflation are adding to everyone's bottom line.

In this article I will analyze and compare Opendoor Technologies (OPEN) and Redfin (RDFN) to determine which real estate technology stock is currently a better buy.

Opendoor Technologies Inc (NASDAQ: OPEN) shares are trading higher in Thursday's after-hours session after the company reported better-than-expected 

Amid galloping inflation, the Fed’s hawkish stance, rising U.S. Treasury yields, an ongoing geopolitical crisis, and deepening supply chain disruptions, the stock market is expected to remain volatile. But despite these macro headwinds, it could be profitable to invest in financially solid stocks with promising growth potential. Thus, Wall Street…

Opendoor Technologies Inc (NASDAQ: OPEN) is trading significantly lower Friday after the company reported fourth-quarter financial results. 

iBuying, or instant buying, shot up in demand during the COVID-19 pandemic as customers snapped up its unique offerings and low brokerage commissions. However, as mortgage rates rise, the housing market will likely cool off. So, given this backdrop, we think it could be wise to avoid iBuying stocks Opendoor…

Opendoor Technologies (OPEN) stock may have been a non-starter in 2021, but a turnaround may be imminent as the company ventures out into a pricey real-estate locale.