by Greg Wasik | Feb 26, 2023 | Los Angeles Real Estate and Appraisal News
Showing that algorithmic pricing of single-family home is not yet close to being perfected (see Zillow leaving the home buying game due to Zestimates being substantially off for the homes they acquired), Opendoor reported the 2nd quarter in a row of high losses. In...
by Greg Wasik | Nov 6, 2022 | Los Angeles Real Estate and Appraisal News
Opendoor Technologies writes down inventory by $573 Million, lays off 18% of their employees due to the declining real estate market related to the impact of higher interest rates leading to lower transaction volume. The company announced that they decided to drop the...
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