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home / news releases / OPAD - Which iBuyer Could Stage A Recovery In 2023 Opendoor Or Offerpad?

OPAD - Which iBuyer Could Stage A Recovery In 2023 Opendoor Or Offerpad?

Offerpad Solutions Inc. Class A

Summary

  • Opendoor and Offerpad are both down by around 93% year-to-date.
  • Their disruptive home-buying model looks set to get discombobulated by the falling real estate prices next year.
  • High leverage ratios against rising interest rates have rendered a new position in both companies as too high risk.

For further details see:

Which iBuyer Could Stage A Recovery In 2023, Opendoor Or Offerpad?
Stock Information
Company Name: Offerpad Solutions Inc. Class A
Stock Symbol: OPAD
Market: NYSE
Website: offerpad.com
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