Adwerx lays off 40 employees as company slows new initiatives

Digital marketing company Adwerx is the latest company to announce layoffs, with 40 employees losing jobs on Thursday. Adwerx said the layoffs are the result of scaling back on new initiatives. Continue reading

What these eerie parallels to the past 4 real estate market crashes may foreshadow

Looking at the history of the last four market downturns indicates turbulent times may be ahead, according to coach and author Bernice Ross. The best agents and brokers will start preparing now. Continue reading

Do layoffs at Compass and Redfin signal a looming real estate purge?

The ranks of the real estate industry have swelled over the past decade. Some experts who spoke to Inman believe a trend in the opposite direction may be picking up speed. Continue reading

What are the odds of a housing bubble? 114 experts weigh in

More than 100 housing experts surveyed by Zillow generally agreed that housing prices won’t face a big downturn. But a mild recession may be in play later this year or in 2023, they believe. Continue reading

Market shifts, rate hikes and why real estate stocks can’t get a break

As real estate enters what one observer called a “Wile E. Coyote” moment, real estate companies’ share prices continue to struggle amid market uncertainty. Continue reading

NAR chief economist: We may be in for a ‘most unique’ recession

Lawrence Yun predicted this year’s housing market will see declining sales, rising home prices and an American Dream increasingly out of reach Continue reading

Berkshire Hathaway sees real estate income plummet

The operator of Berkshire Hathaway HomeServices saw net income from real estate fall 75 percent year over year, according to earnings released at so-called “Woodstock of Capitalism” this weekend. Continue reading

Family, staff and hours: 7 sacrifices agents are making amid tough times

As they consider the uncertain future ahead, here’s what real estate agents are giving up in their professional and personal lives. Continue reading