Is Real Estate Back? Here's Why Opendoor and Redfin Are Soaring
The stock market -- especially when it comes to technology stocks -- was having a good day on Wednesday. Leading iBuyer Opendoor Technologies (NASDAQ: OPEN) was up by 7% during this time after rising by double digits earlier in the day, while brokerage disruptor Redfin (NASDAQ: RDFN) was 13% higher. Opendoor reported its earnings last Thursday, and the company is making impressive progress in selling its "old book" of homes.