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. Continue reading

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. Continue reading

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. Continue reading

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. Continue reading

Mortgage is the new money pit for portals: Mike DelPrete

Billions of dollars have been invested to disrupt the mortgage process — which is the path to profitability for many real estate tech companies. Continue reading

Ribbon back in expansion mode with push into Illinois and Michigan

Less than two months after layoffs, the power buyer says it’s still on track to meet a goal of being operational in 25 states by the end of the year. Continue reading

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.” Continue reading

‘Stripe for real estate’ debuts today to fund Power Buyer deals

Setpoint is the latest venture from Ben Rubenstein, a former executive of Opcity and Realtor.com. Continue reading

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. Continue reading

Power Buyers: What to know about real estate’s buzziest new buyer tools

The innovation wave has hit the buy-side, with so-called Power Buyers emerging as this year’s buzziest business model. Here’s everything you need to know to power up your clients’ purchasing prowess. Continue reading