Opendoor Lifts Home Acquisitions 45% as AI Strategy Cuts 120-Day Inventory to 10%
Updated
Updated · The Motley Fool · Jun 4
Opendoor Lifts Home Acquisitions 45% as AI Strategy Cuts 120-Day Inventory to 10%
2 articles · Updated · The Motley Fool · Jun 4
Summary
Q1 2026 acquisitions rose 45% from Q4 2025 at Opendoor, even as a weak U.S. housing market pushed April home delistings to 5.8%, tied for the highest since March 2020.
10% of Opendoor's homes had been held more than 120 days, down from 33% at the end of Q3 and 55% in Q3 2025, while CEO Kaz Nejatian said acquisition contracts doubled quarter over quarter.
AI-driven pricing and a speed-first strategy replaced Opendoor's earlier effort to predict housing-market direction, with management saying recent cohorts are selling faster than any comparable group since COVID.
Mortgage rates, inflation and still-high home prices continue to squeeze buyers and stall sellers, leaving Opendoor's operational gains notable but its turnaround incomplete because the company remains unprofitable.