# Housing Stocks Slide as Opendoor Drops 5%

> Housing stocks fall together as Opendoor slides 5% while Zillow and Offerpad drop 3%.
- Title: Housing Stocks Slide as Opendoor Drops 5% · 24/7 Wall St.
- Summary: Housing stocks fall together as Opendoor slides 5% while Zillow and Offerpad drop 3%. Opendoor Technologies stock fell 5% on Wednesday as housing stocks…
- Keywords: opendoor, zillow, offerpad, housing stocks, mortgage rates, ibuyers, homebuilder fund, itb fund, Housing, Stocks, Slide, Drops
- Source: 24/7 Wall St. — https://247wallst.com/investing/2026/09/23/opendoor-slides-5-as-housing-names-fall-together-zillow-and-offerpad-drop-3
- Author: David Moadel
- Published: 2026-09-23T16:03:05+00:00
- Read time: 1 min
- Topics: opendoor, zillow, offerpad, housing stocks, mortgage rates, ibuyers, homebuilder fund, itb fund
## Housing Stocks Slide Together
Housing-linked stocks move lower in Wednesday morning trading as iBuyers take the sharpest hits and homebuilders pull back in step.
## Opendoor Slides 5%
Opendoor Technologies stock is at $2.62, down 5%, while Zillow Group Class A stock is at $30.59, down 3%.
## Why Opendoor Falls Harder
Opendoor buys homes and holds them on its balance sheet, so higher mortgage rates increase financing costs and slow home clearance.
## The Rate Sensitivity
The benchmark 10-year Treasury note yield rose to 5.08%, up 2.19% over the past 24 hours, pressuring housing stocks.
## Offerpad and Zillow React Differently
Offerpad carries homes like Opendoor, but Zillow operates a portal without holding inventory, so rate moves affect them differently.
## What to Watch Next
Investors should monitor if the ITB fund pullback steepens and whether housing data or rate commentary impacts the session.
## Key takeaway

Opendoor Technologies stock fell 5% on Wednesday as housing stocks slid, driven by higher mortgage rates affecting its balance sheet inventory.