Sundae’s Homeowner Portal opens window to as-is purchases

While a number of companies have emerged to assist agents and their seller clients with renovating or updating a home before introducing it to the market, Sundae built its model on the opposite approach — helping consumers sell homes sell as-is to inve… Continue reading

Splitero no longer accepting shared equity applications

In a separate announcement, San Diego-based fintech announces launch of new real estate brokerage, Splitero Homes, to help homeowners in four states “sell for the highest price.” Continue reading

Sundae rolls out set price buying tool for investors

The online property marketplace, geared toward buyers selling properties as-is, launches Purchase Direct, which lets investors see the set price of a home and move straight to making an offer. Continue reading

Flyhomes lays off 20% of workforce, cites rising interest rates

The layoffs come after a rapid expansion into new markets including Texas, Colorado and Idaho following a $150 million Series C funding round. Continue reading

Why super long mortgages won’t be a thing, and why that’s good news

Longer loans, including a 50-year concept recently floated in the U.K., are sometimes framed as a way to improve housing affordability. But the experts aren’t convinced. Continue reading

Property marketplace Sundae cuts 15% of its workforce

Sundae, which lets homesellers sell their properties as-is to investors without hiring an agent, said layoffs were targeted to its newest markets. Continue reading

Proptech investor Paul Hurst sees a ton of opportunity in market shift

The problems that proptechs are trying to solve — inefficiencies in real estate transactions — remain, said Parker89 Managing Director Paul Hurst, while speaking at Connect Now. Continue reading

Zillow in 2022: How one of the biggest names in real estate recovers from its biggest stumble

Zillow started 2021 ascendant but finished by bowing out of iBuying. The coming year will test the portal’s ability to pivot. Continue reading

First American bets big on next-generation proptech investments 

The nation’s second-largest title insurer has invested in 16 venture-funded companies valued at $669 million after gains on Offerpad, Orchard, Sundae and Pacaso. Continue reading

Sundae debuts off-market distressed property platform for investors

The new platform will allow investors to view, filter and sort distressed properties exclusive to Sundae, as well as submit cash offers and track them in real time. Continue reading