Real estate in 2022: When the #@!$ finally hit the fan
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
by Jim Dalrymple II Dec 19
Flat-fee brokerage Houwzer acquires rival Trelora
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
by Jim Dalrymple II Dec 13
Real estate funding startup Setpoint rakes in $43M in Series A round
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
by Jim Dalrymple II Dec 7
Prevu acquires lending assets of shuttered competitor Reali
Technology-forward real estate brokerage Prevu has acquired the remaining lending service assets of its collapsed West Coast competitor, San Mateo, California-based Reali
by Craig C. Rowe Oct 26
Mortgage is the new money pit for portals: Mike DelPrete
Opinion
Billions of dollars have been invested to disrupt the mortgage process — which is the path to profitability for many real estate tech companies
by Mike DelPrete Oct 3
Ribbon back in expansion mode with push into Illinois and Michigan
Less than 2 months after layoffs, the power buyer is now in 17 states and says it's still on track to meet a goal of being operational in half of the US by the end of the year
by Matt Carter Sep 15
Reali closing its doors and laying off most of its workforce
California-based real estate brokerage and power buyer cites 'challenging real estate and financial market conditions and unfavorable capital-raising environment'
by Matt Carter Aug 25
'Stripe for real estate' debuts Tuesday to fund Power Buyer deals
Setpoint, Ben Rubenstein's latest venture, aims to ‘enable proptech companies to offer their customers frictionless homebuying and selling options including contingent-free all-cash offers.’
by Jim Dalrymple II May 31
Guild Mortgage rolls out cash offer program in 11 states, more to join
Guild's CashPass program is available for primary residences, second homes or investment properties, with down payments depending on occupancy
by Matt Carter May 16
Evergreen Home Loans expands cash offer program to 6 states
CashUp by Evergreen program offered with lower fees and down payment requirements to homebuyers in Washington, Arizona, California, Idaho, Nevada and Oregon
by Matt Carter Feb 22
Reali expands into San Diego, buys local brokerage TXR Homes
Reali picked up San Diego's TXR Homes just months after it announced a new funding round that netted the company $250M, it was announced Wednesday.
by Jim Dalrymple II Jan 12
UpEquity brings Buy with Cash service to California
After raising $50M in Series B funding round, 'Power buyer' looking to expand from 11 to 19 states in 2022
by Matt Carter Jan 11
Power buyers: What to know about real estate’s buzziest new buyer tools
The innovation wave has hit the buy-side, with power buyers emerging as this year's buzziest business model. Here's everything you need to know to power up your clients' purchasing prowess
by Marian McPherson Nov 29
Agents schooled on alternative financing, lending and mortgages
Real estate agents attending Inman Connect Las Vegas got tips on partnering with lenders and alternative financing providers to land more clients and overcome obstacles
by Matt Carter Oct 28
Reali raises $250M in equity and debt financing
The company has flat-fee and cash-offer programs for both buyers and sellers, and it has now raked in more than $300 million in total funding since its founding
by Jim Dalrymple II Aug 18