(C) Reuters. Opendoor Technologies vs. Offerpad Solutions: Which Real Estate Services Stock Is a Better Investment?
Demand for new homes continues to benefit players in the real estate industry, such as Opendoor Technologies (NASDAQ:OPEN) and Offerpad Solutions (OPAD). And we believe the low-interest-rate environment should continue to drive housing demand over the next few years. But between Offerpad and Opendoor, which is the better stock on which to bet right now? Read on to find out.As the new-home buying trend continues, the real estate services industry is expected to benefit given the unabated low-interest-rate environment. So, established real estate services companies Opendoor (OPEN) and Offerpad Solutions (OPAD) should witness rising demand. But which of these two stocks is a better buy now?
Housing prices in most major cities in North America have experienced an uptick in the last decade. A low interest rate environment has increased the borrowing capacities of individuals and has been a powerful driver of housing demand.
This trend has also provided opportunities for online real estate companies to gain traction among younger home purchasers. So, digital platforms such as OPEN and Offerpad Solutions stand to benefit if interest rates remain lower in the future.
Opendoor Technologies vs. Offerpad Solutions: Which Real Estate Services Stock Is a Better Investment?
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.