The latest on Opendoor

The leading iBuyer lost $101 million in Q1, but that's a significant improvement over the previous quarter, and they are now "looking for stabilization."

Despite losses on home sales, CEO Carrie Wheeler said the company believes in its value proposition and sees "significant runway" via its Zillow partnership.

Opendoor Technologies reported $211 million in third-quarter adjusted losses before EBITDA. Its net loss for the quarter was $928 million.