Divvy Homes letting 95 employees go, including senior managers

The third round of layoffs in the last 12 months affects employees in 21 states, including Divvy’s chief legal officer, vice president of compliance and head of design. Continue reading

Divvy Homes’ employees say there has been another round of layoffs

Although Divvy has not yet responded to requests for comment, a half-dozen former employees posted on LinkedIn that they were laid off Wednesday. Continue reading

3 CEOs share their tips on tackling affordability: ‘It’s a time to fight’

Homeward CEO Tim Heyl, Divvy CEO Adena Hefets and Flyhomes CEO Tushar Garg dished on how the market shift has impacted Power Buyers at Inman Connect Now on Thursday. Continue reading

Seed funding of $2.6M poured into rent-to-own app Gravy

Gravy has issued over $4 million worth of rewards and its members have set more than $100 million in goals for their first home purchases. Continue reading

A sea change is coming to home financing

A slew of newer companies are trying to reinvent how home purchases are financed. That doesn’t mean the 30-year mortgage is disappearing, but it does hint at more choices for consumers of the future. Continue reading

A new language for real estate, a new marketplace

My attempt to coin some terminology, add structure and provide clarity to the plethora of new real estate businesses. Continue reading

Rent-to-own startup Divvy raises $43M in new Series B round

The company will use the cash to add team members and beef up its technology as it works to disrupt the rent-to-own sector. Continue reading