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The Latest Breaking News from Opendoor

D-FW home sales down for four straight months with 17% decline in September

September marked the fourth consecutive month of declining North Texas home sales as buyers have pulled back due to affordability challenges, and sellers are seeing fewer showings, offers and deals.

Tribune News Service

The Downside of Selling Your Home with an iBuyer

The Downside of Selling Your Home with an iBuyer

You can skip the open houses, preparation and haggling. But you'll risk getting less money.

1 Stock to Avoid as the Fed Attempts to Cool Down the Economy

1 Stock to Avoid as the Fed Attempts to Cool Down the Economy

Shares of online real estate services company Opendoor Technologies (OPEN) have plummeted more than 75% in price year-to-date with the cooling down of the housing market amid rising interest rates. Furthermore, the company is expected to incur huge losses in the upcoming years. Hence, with the Fed signaling aggressive rate…

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Corporate Home Buying Spree Backfires — Is This A Sign That Michael Burry's Predictions Are Accurate?

Not so long ago, in a galaxy not so far away, corporations thought they hit the jackpot. Not so long ago was 2021, and the galaxy in question was the United States of America.

Analyst Remains Bearish On Real Estate iBuyers: 'Fundamentals Are Going To Turn Worse Before They Get Better'

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.

Falling Home Sales Send Shock Waves Through Home Retailers And Flippers: How Bad Could It Get?

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.

Is OPEN Stock a Smart Buy Around $4?

Opendoor Technologies (OPEN) announced a multiyear agreement with Zillow Inc. (ZG) to expand its operational capabilities. However, the stock is trading 83% below its 52-week high, indicating a bearish sentiment. Given the company’s negative profit margins and bleak growth prospects, would it be worth buying the stock at the current…

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Opendoor Falls Below $5 – Time to Pick up This iBuying Stock?

Opendoor Falls Below $5 – Time to Pick up This iBuying Stock?

iBuyer Opendoor (OPEN) recently announced a multi-year agreement with Zillow (Z). However, the stock has lost more than 10% over the past month, closing the last trading session below $5. So, is the penny stock worth buying now? Read on to find out….

‘Unmortgaged millennials’: What a new study reveals about millennial homebuyers

Millennials — those between ages 26 and 41, also sometimes called Generation Y — now represent the biggest population cohort in America. And while lots of them dream of homeownership, many find themselves priced out of the housing market. In fact, nearly half of millennials who do not yet own…

Tribune News Service

Benzinga Before The Bell: Should Investors Worry About Tesla's China Sales, Gold Back In Focus, Nio Smartphone Could Soon Be A Reality Other Top Financial Stories Friday, August 5

Benzinga Before The Bell: Should Investors Worry About Tesla's China Sales, Gold Back In Focus, Nio Smartphone Could Soon Be A Reality Other Top Financial Stories Friday, August 5

CNBC International Airlines Prepare For Mayhem Of Summer Travel Season: Report

Better Buy: Opendoor vs. Redfin

Better Buy: Opendoor vs. Redfin

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.

Why Opendoor Shares Are Surging After Hours

Why Opendoor Shares Are Surging After Hours

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

5 Hard-Hit Stocks That Could Jump 65% or More, According to Wall Street

5 Hard-Hit Stocks That Could Jump 65% or More, According to Wall Street

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…

What's Going On With Opendoor's Stock Today?

What's Going On With Opendoor's Stock Today?

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

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Is Now a Good Time to Grab Shares in iBuying Stocks Opendoor and Offerpad?

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…

If Any Real-Estate Investment Deserves to Double, It's Opendoor Technologies

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.

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