SPAC Deep Dive, subSPAC

subSPAC

Each week we’ll identify and break down for you SPACs that are capturing market share and making an impact.

SPAC Deep Dive

Equity Bottom-Up

<ul><li>iBuying giant Opendoor has benefited significantly from soaring home prices over the last eighteen months, as revenues have tripled and its asset portfolio has skyrocketed in value.</li><li>However, surging mortgage rates coupled with sky-high prices are leading to a steep decline in sales.</li><li>Potential buyers are now waiting on the sidelines for lower rates/prices, while sellers are now pulling listings until prices start climbing again.</li></ul>

iBuying giant Opendoor has benefited significantly from soaring home prices over the last eighteen months, as revenues have tripled and its asset portfolio has skyrocketed in value.However, surging mortgage rates coupled with sky-high prices are leading to a steep decline in sales.Potential buyers are now waiting on the sidelines for lower rates/prices, while sellers are now pulling listings until prices start climbing again.

Opendoor Technologies

Navigating the Housing Downturn