Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 2 years ago on .

Account Closed
  • Investor
  • Scottsdale Austin Tuktoyaktuk
4,151
Votes |
4,205
Posts

Why Did Open Door Do THAT? Market Has Changed - A Lot!

Account Closed
  • Investor
  • Scottsdale Austin Tuktoyaktuk
Posted

Seems Open Door is leading the market down the hill.

2530 W PEROLA Dr,Phoenix, AZ 85085

$586,606 Sold Price 3Beds 2.5Baths 2,635Sq Ft This home sold 4 days ago.

They bought Apr 2022, for $664,000

A dollar loss of $78,000 after holding for 4 months

They are losing a lot of money on every sale but I bet they plan to make it up in volume. ;-)

Sept 30, 2022  Sold for $586,606 - 3 Beds 2.5 Baths 2,635 Sq Ft