Opendoor 2023: Back to Normal, Or Nowhere Close?

Written by Tyler Okland

It's been a few weeks since I've posted a monthly update, but I'm excited to dive back into the data with you. We've seen rapid change in homebuyer sentiment and transaction volume in early 2023, and as expected, Opendoor's activity flowed around these developments.

Below we break down Opendoor's December, January, and early February performance. We delineate transaction volume, margins, and the increasingly-important acquisition trend. 

Fasten your seatbelts.

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