Real Estate Industry Overview & Trends
Parent company Redwood Trust closes deal to acquire Portland, Oregon-based bridge loan provider Riverbend Funding LLC
In a 3-page letter on Wednesday the LGBTQ+ Real Estate Alliance called out the Realtor Political Action Committee for supporting anti-LGBTQ candidates as NAR lobbies for LGBTQ rights
Opinion
Opendoor made over 2M offers to curious homeowners in 2021, exponentially more than ever before. This highlights the growing potential of Opendoor's 'top of the funnel' customer appeal — which is beginning to rival Zillow
The Citysnap real estate search portal includes homes for sale and rent in New York City. It also represents the latest chapter in a rivalry between CoStar and Zillow
Chapter 11 filing will allow the non-QM lender leeway to submit a plan of reorganization to keep its business alive and pay creditors over time
The CEO of IBM, which employs hundreds of thousands of people, recently described remote work as 'the new normal.' And that translates to permanent changes to the housing market
Opinion
The massive price growth many of us have benefitted from in the past several years has put a 'starter home' out of reach for many Americans
Agent Daniela Sassoun is bringing her team to Sotheby’s International Realty's East Side Manhattan Brokerage. She reportedly closed nearly $30M in sales in 2021
The embattled mortgage company confirmed it had let go of Chad Walker shortly after 3 other executives have recently departed. Nick Taylor will replace Walker as head of the division
The company announced job cuts Wednesday, saying it needed to focus on growing in a 'sustainable way.' Numerous other companies have also cut jobs as the housing market shifts
Sundae, which lets homesellers sell their properties as-is to investors without hiring a real estate agent, said layoffs were targeted to its newest markets
The company, which provides cash backing to homebuyers, will now operate in both Oregon and Washington, bringing the total number of states in which Homeward operates to 7
Richard Harris, a veteran of SparkPost, Oracle and AddThis, will lead the merged company, which said it will employ 144 people with no layoffs anticipated
Non-QM lender fires three-quarters of its workforce, saying it's experienced 'significant operating losses and cash flow challenges' and has been unable to obtain funding
Emiliano Delucia and Abby Powell will help lead the startup less than a year after it achieved unicorn status. The company said it employs 584 people
Catch up on the most-read stories of the week, as determined by Inman readers. Here's Inman Top 5 for June 17-22, 2022
Power Buyer confirms that it intends to fill approximately 50 openings in its mortgage, real estate brokerage, marketing and finance departments