Tony Stark: "You said one out of fourteen million, we win, yeah? Tell me this is it."Dr. Strange: "If I tell you what happens, it won’t happen."Tony Stark: "You better be right."-Avengers: Endgame This summer the U.S. housing market fell in some ...

August wraps up the two-month Housing Demand Drought of 2022, which saw Opendoor’s sales volume crater. In my last update, I said Q3 will be the most variable quarter in Opendoor’s history, but August is the inflection point for the entire year. L...

Q3 2022 will go down as the most variable quarter in Opendoor’s history. By this I mean, the operating results in July look very different from the operating results in August and September. Most months skate smoothly from one to the next, with mo...

Opendoor's Q3 data are now live for Atoms subscribers. Since launching Atoms in June we have furiously built new functionality. Some highlights: Opendoor Exclusives Dashboard: Tracking the progress of Opendoor’s most important non-core initiative...

Transcript Operator Good day. Thank you for standing by. Welcome to the Opendoor Second Quarter 2022 Earnings Conference Call. Please be advised that today’s conference is being recorded. I'd now like to hand the conference over to your speaker t...

Opendoor’s Q2 2022 earnings will be announced tomorrow after the close. In anticipation of this event, we want to share with you our finalized estimates for Opendoor’s performance, alongside our historical estimates and accuracy.  There’s no cost ...

Opendoor has more homes on the market today than any other moment in the 8-year-old company's history. 14,830 homes, to be exact. Spiking mortgage and interest rates, home price declines, and a vacuum of demand softened the market like a roundhou...

Only two weeks remain until Opendoor announces its most profitable quarter in 8 years of operation. Despite an impressive 2022 performance by Opendoor the company, Opendoor the stock currently languishes near all time lows. That’s because now is a...

Today we shipped a new visualization tool for Atoms subscribers - the Opendoor Exclusives Dashboard. This dashboard tracks current and historical Exclusives listings, current pending sales, and cumulative sales - market-by-market. As mentioned in...

Below you will find Datadoor's estimates for Opendoor's Q2 '22 earnings results, the first of two estimates we will provide for the quarter (our finalized estimate (Vol 2) will be shipped 2 weeks before earnings release, and will include forward a...

Game of Thrones is the most pirated television series of all time. A dubious honor to be sure, but it speaks to the show’s ability to aggregate demand. For context, the most pirated movie of all time is James Cameron’s Avatar. Over its fiery, eigh...

This supplement is a companion piece to Game of Homes: Opendoor Exclusives and is only available to subscribers. As of today, Opendoor has listed 1,451 Exclusives inventory, and converted 4.5% of those listings (66 homes) to pending sales within ...

Six months ago we set out to build an engine that could track the performance of a fascinating and yet deeply misunderstood technology company -- Opendoor. Opendoor is doing the hard things, not just building software, not just moving bits around ...

In September 2020, Opendoor released its first public investor presentation. Management laid out an audacious goal to one day operate in 100 markets, claiming 4% share of all U.S. residential real estate transactions. In the words of Zillow CEO R...

Opendoor reported earnings last Thursday, blowing the doors off consensus estimates. Massive beat on the top and bottom lines, stellar guidance and the team’s first profitable quarter to boot. Yet the bears have already begun to regroup, claiming ...

Q1 was a record-breaking quarter for Opendoor. We expect the company to beat consensus estimates on both the top and bottom lines. Notably, our estimates imply: Revenue up 610% year over year Gross profit up nearly 2X sequentially Adjusted EBITDA...

Data are strange. You have a choice in the information you choose to consume and rely on. So when it comes to financial results for Opendoor, a technology company listed on the NYSE, it's undeniably strange you're reading this email. It's even str...