|Bid||25.00 x 900|
|Ask||32.11 x 800|
|Day's Range||28.49 - 29.45|
|52 Week Range||28.46 - 105.85|
|Beta (5Y Monthly)||1.54|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Last November, Zillow Group (NASDAQ: Z)(NASDAQ: ZG), the largest online real estate platform, abruptly announced its plan to exit iBuying. Now it seems the largest iBuyer in the industry, Opendoor (NASDAQ: OPEN), may be following in Zillow's footsteps for losses. A recent report from YipitData shared the company incurred losses on 42% of the homes sold in August 2022.
Investors hated the death of Zillow Offers and the birth of Netflix's Qwikster. History paints a kinder portrait.
Skylar Olsen, Zillow Chief Economist, told Alix Steel and Guy Johnson that she is seeing house prices falling across the United States. She said this Wednesday morning on "Bloomberg Markets: Americas".