Despite the lapse in federal unemployment benefits in August, 68% of renters made an on-time rent payment during the first week of September, meaning just 32% were in 'rent debt.'
Annual rent growth shifted to negative in June, falling to -0.4% to $1,457
Homebuyer sentiment has changed significantly over the past few months, from largely positive feelings before the start of 2020 to mostly negative ones in the ensuing months
Additionally, nearly half of Airbnb hosts reported that they don't currently feel safe renting out properties, according to a survey by IPX1031
The company has laid off 25% of its staff and cut all other salaries by approximately 15%
Matterport for iPhone is poised to make the 3D imaging company's technology accessible to more real estate professionals, and it comes amid surging interest in 3D tours
The move comes at the same time the company continues to add new agents, even during a market slowdown
Several former employees took to LinkedIn to announce Matterport had laid them and others off due to the coronavirus pandemic
Executives at the company are taking salary reductions in an effort to reduce company expenses as home sales across the country slow
The company announced it's also laying off 7% of its staff in an SEC filing
The boutique hotel has fired a majority of its 100-person staff and plans to close 400 units in 10 locations
CEO Robert Reffkin said Monday in a letter that COVID-19 has created 'one of the most challenging and uncertain moments in our lifetimes'
In a blog post on its website, the company framed the layoffs as necessary in order to complete its pivot to becoming a multiple listing service vendor
A Compass source told Inman the company still has no current plans for an IPO, although it's not off the table