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Real Estate | Nightmare on Newton: Opendoor’s $154,000 flip…
Thursday, May 14th 2026

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Nightmare on Newton: Opendoor’s $154,000 flip loss illustrates Denver woes

Opendoor, like other iBuyers, purchases homes and then quickly lists them for resale.

Opendoor purchased this home at 3612 Newton St. in Denver for $779,000 in April. It sold it for $625,000 earlier this month. (Thomas Gounley, BusinessDen)
Opendoor purchased this home at 3612 Newton St. in Denver for $779,000 in April. It sold it for $625,000 earlier this month. (Thomas Gounley, BusinessDen)
By | BusinessDen
PUBLISHED: | UPDATED:
Getting your player ready...
The two-bedroom, one-bathroom home at 3612 Newton St. is a classic Colorado bungalow.
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