Today’s Mismatched Market: Real Estate Perceptions vs. Reality
Opendoor | Real estate tips, trends and insights for home buyers and sellers
by Amit Arora
11M ago
“Is it a buyer’s or a seller’s market right now?” We hear this question often. It’s a bit like asking, “What is the weather like in the U.S. today?” Well, like the current housing market, it’s hot here and cold over there. Earlier this year, we saw buyers wait for declining home prices and scant competition, while many sellers expected the soaring prices and intense competition we experienced in 2021. But things have changed. Now, more sellers are sitting on the sidelines – many feeling locked in their current interest rates – and as a result, supply is dwindling. In fact, new listings are the ..read more
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Opendoor Announces First Quarter of 2023 Financial Results
Opendoor | Real estate tips, trends and insights for home buyers and sellers
by Opendoor
11M ago
SAN FRANCISCO, May 04, 2023 (GLOBE NEWSWIRE) — Opendoor Technologies Inc. (Nasdaq: OPEN), a leading e-commerce platform for residential real estate transactions, today reported financial results for its quarter ended March 31, 2023. Opendoor’s first quarter of 2023 financial results and management commentary can be accessed through the Company’s shareholder letter on the “Quarterly Reports” page of Opendoor’s investor relations website at https://investor.opendoor.com. “At Opendoor, our vision is to build the most trusted e-commerce platform for residential real estate. We have dedicated ..read more
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How to be eco-forward at home
Opendoor | Real estate tips, trends and insights for home buyers and sellers
by Jhánneu Roberts
11M ago
From recycling to upcycling, sustainability is a priority for Americans. People are more proactive than ever in their pursuit of a sustainable lifestyle. It’s a promising start, but there’s much we can do to fully embrace eco-friendly solutions across our neighborhoods. That’s why I have partnered with Opendoor to launch its first-ever Eco-Forward Cities list. We are recognizing 15 locations nationwide making a concerted effort to implement and embrace sustainable practices and solutions like biking, EV charging, and recycling. Some homeowners might think that being sustainable is an all-or-no ..read more
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Opendoor’s 2023 Eco-Forward Cities
Opendoor | Real estate tips, trends and insights for home buyers and sellers
by Opendoor
1y ago
Green is in. As homeowners continue to prioritize eco-conscious details and design in their homes, we are seeing that where you live matters just as much as how you live. In partnership with sustainability expert Jhánneu Roberts, we’ve rounded up a list of what we call Eco-Forward Cities that are making a concerted effort – from biking, EV charging and transit to recycling and secondhand stores – toward making eco-minded practices and solutions the norm.  2023 Eco-Forward Cities:   1. Somerville, MA 2. Emeryville, CA   3. Jersey City, NJ 4. Boulder, CO 5. Arlington, VA ..read more
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How this 26-year-old Bought His First Home – and You Can Too
Opendoor | Real estate tips, trends and insights for home buyers and sellers
by Opendoor
1y ago
This post is written by Kris Thordarson, a first-time homebuyer and Opendoor customer. If you told me a couple of years ago that I would buy my first-ever home at the age of 26, I would have laughed out loud. But despite my earlier doubts, here I am, a new homeowner, sitting in the backyard of my house in Austin. Before I moved to Austin a few months ago, I was living in Los Angeles, working remotely in the pharmaceutical industry. My partner was in San Francisco. We both dreamed of owning and investing in real estate to build wealth for our futures. He and I had saved some money and wanted to ..read more
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Opendoor’s Agent Program Offers New Benefits
Opendoor | Real estate tips, trends and insights for home buyers and sellers
by Will Holmes
1y ago
Dear Real Estate Agents, From one transaction to thousands, Charlotte to San Diego, pre-pandemic to post, our partnership has grown— and today marks yet another milestone in our journey together. We are announcing new ways for agents to benefit from Opendoor’s products with the expansion of our Agent Access loyalty program and the establishment of a referral offering. But first, we want to say thank you. Feedback is a Gift We created Opendoor for Agents so you have a simpler and more efficient way to service clients. Or as Nick Shivers, a leading agent in Portland, Oregon says more eloquently ..read more
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Opendoor launches Buy + Sell in New Markets
Opendoor | Real estate tips, trends and insights for home buyers and sellers
by Opendoor
1y ago
Buying or selling a home is complicated enough, but when you have to sell your current home to buy a new one, the need to coordinate multiple parties and timelines intensifies. But just as you use your phone to book a flight, hail a ride, or order groceries, imagine that you buy and sell your home the same way.  Now, homeowners in 7 new markets – Columbia, South Carolina; Greensboro-Winston Salem, North Carolina; Indianapolis, Indiana; Las Vegas, Nevada; Minneapolis-St.Paul, Minnesota; Nashville, Tennessee; and Salt Lake City, Utah – can do just that using Opendoor to conveniently both Bu ..read more
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Sell Your Home with Certainty: Step One, Get a Cash Offer
Opendoor | Real estate tips, trends and insights for home buyers and sellers
by Brian Tolkin
1y ago
If you’re thinking about selling your home, you’re probably keeping a close eye on the real estate market, which has experienced some wild and historic milestones over the last couple of years. In 2021, mortgage rates dropped to an all-time low of 2.65%; just a year later, they climbed to 7.08% – the highest spike in 20 years, which is one reason housing inventory across the country has reached a record low. The speed of these fluctuations is unprecedented. What should we expect in 2023? Many sellers are still cautiously on the sidelines, due in part to a traditional listing experience that ca ..read more
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Opendoor’s selling solution on Zillow expands to new markets
Opendoor | Real estate tips, trends and insights for home buyers and sellers
by Brian Tolkin
1y ago
Selling a home can be stressful. Many people feel overwhelmed by the process, making it hard to determine how to move forward. Today, sellers in Dallas, Houston and Phoenix have a new option: using Opendoor and Zillow’s selling solution, homeowners in these markets can compare multiple selling options in one place.  Here’s a quick overview on what you need to know about our selling solution on Zillow. Expanding our joint solution into new markets In February 2023, we announced that homeowners in Atlanta and Raleigh could explore multiple home-selling options on Zillow. That opened the doo ..read more
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Opendoor Announces Fourth Quarter and Full Year 2022 Financial Results
Opendoor | Real estate tips, trends and insights for home buyers and sellers
by Opendoor
1y ago
SAN FRANCISCO, Feb. 23, 2023 (GLOBE NEWSWIRE) — Opendoor Technologies Inc. (Nasdaq: OPEN), a leading e-commerce platform for residential real estate transactions, today reported financial results for its fourth quarter and year ended December 31, 2022. Opendoor’s fourth quarter and year-end 2022 financial results and management commentary can be accessed through the Company’s shareholder letter on the “Quarterly Reports” page of Opendoor’s investor relations website at https://investor.opendoor.com.  “2022 affirmed our conviction in what we are building – the most trusted e ..read more
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