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Better Real Estate Stock to Buy: Opendoor vs. Redfin

TheMotleyFool

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Better Real Estate Stock to Buy: Opendoor vs. Redfin: https://g.foolcdn.com/editorial/images/788783/real-estate-for-sale-sign.jpg

Opendoor Technologies (NASDAQ: OPEN) and Redfin (NASDAQ: RDFN) are cut from the same cloth in many ways. Both are real estate tech stocks aiming to disrupt the massive real estate industry. They have a lot of exposure to the housing market, which has sunk both stocks in the post-pandemic slump.

As the chart below shows, Opendoor and Redfin are both down sharply from their previous peaks.