Opendoor (NASDAQ: OPEN) seems to be one of the few companies left in the iBuying business after competitors like Zillow (NASDAQ: Z) left the market. The challenge has been making money in a tight housing market that leaves iBuyers with the worst options. In this video, Travis Hoium examines whether this opportunity is worth buying or staying away from.
*Stock prices used were end-of-day prices of Aug. 22, 2024. The video was published on Aug. 26, 2024.
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Travis Hoium has positions in Zillow Group. The Motley Fool has positions in and recommends Opendoor Technologies and Zillow Group. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
