4 Reasons to Buy Opendoor Stock
OPENOpendoor(OPEN) The Motley Fool·2024-01-28 23:15

Real estate stocks have gotten crushed over the last couple of years as soaring mortgage rates have squeezed demand. At the same time, homeowners who capitalized on rock-bottom mortgage rates during the earlier days of the pandemic are reluctant to sell and give up their low mortgage rates. As a result, existing home sales slipped to their lowest level last year, falling 19% to 4.09 million. That's even lower than they were during the trough in the housing market crash during the global financial crisis of ...