Homie CEO resigns as flat-fee brokerage lays off more workers
The company is among the most prominent of the upstart flat-fee brokerages that rose in recent years, but will lose cofounder and CEO Johnny Hanna as the market experiences 'turmoil'
by Jim Dalrymple II Oct 4
Homebuyers/sellers wanting to live in legal abortion states spikes to 19%
As states' laws on subjects like abortion rights and gender-affirming care for children have changed in the last year, consumers take a harder stance this year on where they consider living
by Lillian Dickerson Sep 27
Homebuyers in these US cities are backing out of deals at a higher rate
Phoenix, Las Vegas, Tampa and Austin attracted homebuyers at a higher rate during the height of the pandemic. But according to Redfin, those same Sun Belt cities are now cooling the fastest
by Ben Verde Sep 26
Redfin launches in Hilton Head, South Carolina
In addition to its market expansion, the Seattle-headquartered brokerage also announced that its listing search coverage now encompasses 95% of the US population
by Lillian Dickerson Sep 22
Home flipping dipped last quarter despite jump in profits
It's too soon to say whether the drop in flipper activity — which was still the second highest in two decades — is a sign of a broader slowdown
by Taylor Anderson Sep 21
Jeff Bezos-backed Arrived dives into short-term rental market
Backed by Amazon founder Jeff Bezos, the real estate investment platform is the latest fractional ownership company to enter the rapidly growing short-term rental market
by Taylor Anderson Sep 7
Mortgage company Homepoint laying off 'hundreds' of workers
The Michigan-based and third-largest wholesale mortgage lender aims to cut costs by more than $100M a year in response to an 'extremely challenging' lending environment
by Matt Carter Sep 2
'Overvalued' Western markets see biggest share of price reductions
Despite national growth in sale prices, these markets that saw spikes in popularity and price over the past 2 years are starting to see the most price reductions, data shows
by Ben Verde Jul 27
HomeLight founder and CEO Drew Uher: Power Buying is here to stay
HomeLight announced on June 29 that it planned to cut an unspecified number of jobs. Uher is confident in Power Buying and shares his views ahead of Inman Connect Las Vegas
by Matt Carter Jul 25
The 10 most stable housing markets in the United States, ranked
The US housing market and economy at large have endured a blizzard of rising home prices and climbing mortgage rates. But take shelter from the storm with these financially sound markets
by Lillian Dickerson Jul 19
Side expands into 6 new states amid market shift, bringing total to 16
Despite recent layoffs, the real estate tech startup has struck up a slew of new partnerships including one with a high-profile duo that just left Douglas Elliman
by Jim Dalrymple II Jul 14
Shared equity platform Point enters Nevada, Ohio as part of larger plan
Homeowners in 18 states and Washington, D.C. can tap up to $500,000 in home equity by selling a share of their future home price appreciation to investors
by Matt Carter Jul 14
UpEquity latest Power Buyer to join zavvie's solutions marketplace
Austin, Texas-based mortgage platform has more avenues to partner with real estate brokerages as it looks to expand its footprint to 23 states by the end of the year
by Matt Carter Jul 11
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
A full list of real estate companies making layoffs in 2022 and 2023
While real estate industry layoffs largely began with companies that provide mortgages and mortgage-related services, everyone from Adwerx to Zumper has been impacted by the downturn
by Matt Carter Jun 3