Opendoor home purchases top $100 million per month

Opendoor, a San Francisco-based startup launched three years ago to buy and sell homes online, says that it a $1.3 billion annual purchase rate.

Opendoor is officially adding Atlanta as its fourth market (along with Phoenix, Dallas-Forth Worth, and Las Vegas), and says it will expand to Orlando and Raleigh, N.C. later this month.

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Those are scary investors…