LGBTQ+ Real Estate Alliance blasts NAR for supporting Anti-LGBTQ candidates
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
by Marian McPherson Jun 30
Zillow vs. Opendoor: Who's doing it better right now?
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
by Mike DelPrete Jun 30
CoStar debuts Citysnap search portal as Zillow rivalry continues
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
by Jim Dalrymple II Jun 30
First Guaranty Mortgage files for bankruptcy protection from creditors
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
by Matt Carter Jun 30
Remote work's impact on real estate will linger — possibly forever
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
by Jim Dalrymple II Jun 30
An economist's take on what can be done about housing affordability
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
by Matthew Gardner Jun 30
A Douglas Elliman top agent leaves company, brings team to Sotheby’s
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
by Daniel Houston Jun 29
Better parts ways with second head of real estate in 4 months
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
by Taylor Anderson Jun 29
HomeLight joins growing list of companies announcing layoffs
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
by Jim Dalrymple II Jun 29
Property marketplace Sundae cuts 15% of its workforce
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
by Matt Carter Jun 29
Homebuyers 'win with cash' as Homeward launches on West Coast
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
by Jim Dalrymple II Jun 28
Mortgage Coach and Sales Boomerang merge under new CEO
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
by Matt Carter Jun 28
First Guaranty Mortgage cuts 76% of workforce, leaving partners in lurch
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
by Matt Carter Jun 27
Place picks up 2 new C-suite executives to 'further our vision'
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
by Jim Dalrymple II Jun 27
Inman’s Top 5 stories of the week (June 17-22, 2022)
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
by Dani Vanderboegh Jun 24
Orchard lays off nearly 100 employees — but is still hiring
Power Buyer confirms that it intends to fill approximately 50 openings in its mortgage, real estate brokerage, marketing and finance departments
by Matt Carter Jun 23