Michael Lucarelli also said in the lead up to Inman Connect New York that he doesn't see a 'crazy reshuffling with rent prices' coming in 2023
Soaring mortgage rates, slagging sales, thousands and thousands of layoffs: The past 12 months have offered a jarring reminder that what goes up must come down
In the lead-up to Inman Connect New York, Williams offered tips on how teams can survive a shrinking market. 'Prepare for the worst and hope for the best,' she said
Matt Lionetti and Jason Cassity said during Inman Connect Now on Thursday that the market shift has been fast and furious, and agents must start stepping up their games to survive
The acquisition will expand the company's footprint to 14 states. The deal also comes amid a challenging time for the real estate technology sector
The funds came from a variety of investors, including Andreessen Horowitz, Fifth Wall, 645 Ventures and others. The funding is notable for coming amid a cooling housing market
Ryan Gorman was a long-time veteran of Coldwell Banker's parent company and has helmed the brokerage for the past three years.
Windermere Offers will allow people working with the brokerage's agents to compare various options for selling their homes
The company recently reported a nearly billion-dollar loss and has now dramatically rearranged its executive lineup as the cash-buying sector contends with a slowing market
Rising rates and nervous consumers have set up the housing market for its 'slowest fourth quarter in a decade,' according to one economist
The cuts are part of an effort to integrate Homes.com with Homesnap and come at the tail end of a year in which CoStar has moved aggressively into the residential real estate sector
Daryl Fairweather also said during her Yahoo Finance appearance that 'demand is very weak' as both homebuyers and sellers take a breather from the housing market
Dave Smith joined Keller Williams in 2021. He presided over the firm's lending efforts during a period of increasing difficulty for the mortgage business
Frederick Townes, formerly chief product officer for Ready Education, joined Remine in April and came to the company following struggles over a string of controversies and public stumbles
Lawmakers in both chambers of Congress have accused RealPage of anticompetitive practices. Calls for an inquiry come a month after a sweeping and critical report into the company
In an email on Monday, a spokesperson for the power buyer confirmed to Inman that the company had laid off workers and would now 'be a company of less than 30 people'
The iBuyer has launched a new marketplace to connect homebuyers and sellers. The move comes as the housing market continues to slow and as iBuyers face gathering headwinds
The cuts are the second time the power buyer has reduced its workforce as the market has rapidly deteriorated this year
Rent delinquencies surged in October compared to one month prior as the housing market continues to struggle with high mortgage rates, according to a new survey
The power buyer previously cut 20% of its staff in August. The cuts come as the broader real estate industry grapples with soaring mortgage rates and slowing sales
