Groundhog Day: Opendoor keeps growing and losing money

Nov 11, 2021 |

The more things change in iBuying, the more they stay the same. Opendoor again announced major revenue growth in the third quarter as the iBuyer hit the gas on cash purchases and subsequent resale of homes. Company revenue soared 91% from the second quarter to $2.3 billion, and Opendoor sold 5,988 homes, a 72% leap […more]

Posted in: San Francisco

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