#opendoor

#opendoor

In a bold move to address the escalating U.S. housing affordability crisis, Treasury Secretary Scott Bessent announced that President Trump is contemplating declaring a "national housing emergency" this fall. Speaking to the Washington Examiner , Bessent emphasized the administration's focus on tackling soaring home prices and limited inventory, a critical issue as the 2026 midterms approach. Potential actions include standardizing local building and zoning codes, reducing closing costs, and exploring tariff exemptions for construction materials to boost housing supply.

Opendoor's stock surged by 429% in one week, driven by meme stock subreddits, but fell by nearly 50% shortly after, indicating market volatility.

Cash Plus offers sellers the certainty of a cash offer along with an opportunity to opt for market listings, allowing agents to provide a variety of selling solutions.

Opendoor shares are up 20% in premarket trading and reached a peak of $4.88 yesterday before experiencing significant volatility throughout the day.

Shares of Opendoor Technologies Inc. surged more than 188% over a week, reflecting investor interest despite recent struggles due to rising interest rates and a slowing housing market.