The company has slashed its workforce by 11 percent since last June, according to U.S. Securities and Exchange Commission filings. The moves come following months of housing market declines. Continue reading
The number of moves slowed slightly from a record year in 2021 but remained at elevated levels nationwide, according to new data from the U.S. Census Bureau backed by internal metrics from U-Haul. Continue reading
While remote work helped drive up housing prices during the pandemic, a new study from the Economic Innovation Group argues remote work may help housing affordability in the future. Continue reading
Analysts said Redfin isn’t facing an existential moment but nonetheless experienced a uniquely rough period over the past year. These are the 5 biggest challenges Redfin will face in 2023. Continue reading
Capezza joins Side during a period that has proven challenging for the broader real estate industry and “is the exact right person to help guide Side through the next phase of our growth,” the company said. Continue reading
Economists and other housing experts predict the market will be more balanced among buyers and sellers. Home prices won’t change much while mortgage interest rates will continue to dip. Continue reading
Prairie City, Kansas, on the Kansas-Missouri state line, was Zillow’s most popular housing market in 2022, drawing unusually high traffic and leading the site for daily page views, the portal revealed. Continue reading
Zillow bounced back after folding its iBuyer in 2021, multiple listing services finally caught up, enterprise solutions arrived and other signs property technology approached maturity in 2022. Continue reading
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
Where MLSs ban commingling, brokerage websites either can’t display non-MLS listings or must hide this inventory behind filters and log-in walls. Redfin’s Joe Rath offers an argument in favor of allowing brokerages to display all of the options. Continue reading