Inventory ManagementExiting 4Q, 22% of OPAD's inventory had been owned for over 180 days and not under contract for resale.
Real Estate Market ChallengesThe residential real estate industry continues to be impacted by the lock-in effect as interest rates remain elevated, resulting in depressed transaction volumes.
Stock PerformanceGuidance for 1Q25 was softer than expected, particularly for revenue, homes sold, and home acquisitions, sending shares ~8% lower in aftermarket trading.