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Newsfeed: The Western housing market recession hit so hard and fast that a Fortune 500 firm that was riding high at per share has crashed to

Newsfeed: The Western housing market recession hit so hard and fast that a Fortune 500 firm that was riding high at $34 per share has crashed to $1

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Nestled in the sprawling desert community of North Las Vegas, the three-bedroom home at 6043 Clovelly St. perfectly embodies what has gone terribly wrong at Opendoor Technologies.

Newsfeed: The Western housing market recession hit so hard and fast that a Fortune 500 firm that was riding high at $34 per share has crashed to $1 Read More »

Newsfeed: Home Robo-Flipper Opendoor “In Danger Zone” After Losing Money On 42% Of All Transactions

Newsfeed: Home Robo-Flipper Opendoor “In Danger Zone” After Losing Money On 42% Of All Transactions

All Posts, Featured, Newsfeed /

Last November, housing consultancy firm Zillow lobbed the first warning shot that the housing bubble had burst, when it shocked markets by firing 25% of its workforce, and announcing it had scrapped its robo-flipping program after losing hundreds of millions by allowing robots to buy and sell homes.

Newsfeed: Home Robo-Flipper Opendoor “In Danger Zone” After Losing Money On 42% Of All Transactions Read More »

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