Is the ‘proptech winter’ ending? This is what investors are watching

Some companies that were red-hot during the COVID housing market had to either pivot or die when rates rose and major funding rounds dried up. But green shoots may be emerging. Continue reading

Orchard blooms in 2 new markets — Nashville and Phoenix

Orchard customers can choose to “move first” using a buy-before-sell structure or seek a fast cash-offer sales scenario, as well as select a traditional sales process. Continue reading

Brookfield Properties said to be acquiring Divvy Homes in ‘fire sale’

Valued at $2 billion in 2021 Series D funding round, rent-to-own company Divvy Homes had endured several rounds of layoffs before launching a subscription-based credit building service last year. Continue reading

Embattled sale-leaseback platform EasyKnock closes its doors

Facing lawsuits and enforcement actions by attorneys general in several states, the company said Thursday it would shut down about two weeks after being sued by Connecticut’s Attorney General. Continue reading

EasyKnock juggling lawsuits, regulators in multiple states

Sale-leaseback platform tells NPR civil lawsuits in Texas and other states are “meritless” and that it’s cooperating with attorneys general in Massachusetts and Michigan. Continue reading

Sale-leaseback model is key to saving US homeownership: Study

Volatile interest rates have trapped over 9 million homeowners from accessing their home equity, with limited refinancing or loan options. The white paper proposes sale-leaseback, highlighting EasyKnock’s Sell & Stay program as a flexible solution… Continue reading

With agent as consultant, proptech can unlock more transactions

Leaders from Better, Point and EasyKnock said that consumers are becoming increasingly curious about alternative financing options — but they still need agents to help guide them. Continue reading

Ribbon relaunches power buying services following 9-month hiatus

Nine months after temporarily shuttering its services and three months after being acquired by EasyKnock, Ribbon is now offering cash backing to buyers in Atlanta and Charlotte once again. Continue reading