Opendoor’s losses doubled in Q4 as the iBuyer’s revenue fell 25%

The dominant iBuyer lost nearly $400 million in the fourth quarter, according to an earnings call Thursday afternoon. That’s better than the previous quarter, but a big jump from the same period in 2021. Continue reading

Ex-rivals Opendoor and Zillow debut new partnership in Atlanta, Raleigh

Homeowners in Raleigh and Atlanta can ask for a cash offer from Opendoor and get an estimate from Zillow about what their home might sell for on the open market. Continue reading

Cost cutting and existentialism: What to expect from earnings

Large publicly traded real estate companies are about to share their numbers from the most brutal quarter in years. Analysts are bracing for the worst — and watching to see who can thrive. Continue reading

After a near 90% fall, analytics firm sees Opendoor shares rising to $6

A financial firm recently set a $6 price target for Opendoor stock. That price would be substantially higher than what shares are currently fetching. Continue reading

Here’s what you need to know about Opendoor Exclusives

The iBuyer has launched a new marketplace to connect homebuyers and sellers. The move comes as the housing market continues to slow and as iBuyers face gathering headwinds. Continue reading