OPAD News and Press, Offerpad Solutions Inc. Class A From 02/10/23

Summary Opendoor is an iBuyer operating in the US market. The business rose to fame as it benefited from COVID-19 demand but has subsequently slumped over 90%. Our view of the economic climate suggests the housing market will continue to fall in 2023 and into early 2024. Opendoo...

Leading iBuyer Opendoor (NASDAQ: OPEN) was having an excellent day on Thursday. As of 3 p.m. EST, the real estate disruptor's stock had risen by 14% for the day and has now more than tripled from its 52-week low in just over a month. There isn't any company-specific news driving t...

Offerpad Solutions ( NYSE: OPAD ) has entered into subscription agreements with a group of private investors, together with CEO Brian Bair and existing stockholders Roberto Sella and First American Financial, to purchase an aggregate of ~160.7M prefunded warrants to purchase Offe...

Offerpad Solutions Inc. (“Offerpad”, “Company”) (NYSE: OPAD), a leading real estate tech company built to simplify home buying and selling, announced today that it has entered into subscription agreements with a group of private investors, together with CEO Brian Bair ...

Offerpad Solutions Inc. (“Offerpad”) (NYSE: OPAD), a leading tech-enabled platform for residential real estate, announced today the company will release fourth-quarter and full-year 2022 financial results on Wednesday, February 22, 2023. The company also will host a conference call ...

The stock market is off to a positive start in 2023, with the Nasdaq-100 technology index trading higher by more than 6% so far. If this continues -- and history suggests it might -- this year could be the polar opposite of 2022, when the index declined by more than 33%. But the recen...

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 ...

Summary Single-Family Rental REITs have uncharacteristically lagged this year- dipping by more than 30% - swept up by stiff headwinds across the housing industry from the historic surge in mortgage rates. While residential rent growth has moderated significantly over the past quarter fr...

Offerpad (NYSE: OPAD), a leading real estate tech company built to simplify home buying and selling, today announced it has been selected as one of the Top 100 businesses in Chandler, Arizona, by the Chandler Chamber of Commerce. Offerpad, along with other Chandler-based businesses,...

Offerpad Solutions Inc. (“Offerpad” or the “Company”) (NYSE:OPAD), a leading tech-enabled platform for residential real estate, today announced that it received notice from the New York Stock Exchange (the “NYSE”) that it is not in compliance wi...