An economist’s take on what can be done about housing affordability

There are currently 45 million Americans aged between 25 and 34 — and most aspire to homeownership. However, according to Windermere Real Estate Chief Economist Matthew Gardner, the massive price growth many of us have benefitted from over the past sev… Continue reading

A Douglas Elliman top agent leaves company, brings team to Sotheby’s

Agent Daniela Sassoun is bringing her team to Sotheby’s International Realty’s East Side Manhattan Brokerage. She reportedly closed nearly $30 million in sales in 2021. Continue reading

Better parts ways with second head of real estate in 4 months

The embattled mortgage company confirmed it had let go of Chad Walker shortly after 3 other executives have recently departed. Nick Taylor will replace Walker as head of the division. Continue reading

HomeLight joins growing list of companies announcing layoffs

The company announced job cuts Wednesday, saying it needed to focus on growing in a “sustainable way.” Numerous other companies have also cut jobs as the housing market shifts. 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

Homebuyers ‘win with cash’ as Homeward launches in West Coast

The company, which provides cash backing to homebuyers, will now operate in both Oregon and Washington, bringing the total number of states in which Homeward operates to seven. Continue reading

Mortgage Coach and Sales Boomerang merge under new CEO

Richard Harris, a veteran of SparkPost, Oracle and AddThis, will lead the merged company, which said it will employ 144 people with no layoffs anticipated. Continue reading

First Guaranty Mortgage cuts 76% of workforce, leaving partners in lurch

Non-QM lender lender lays off three-fourths of workforce, saying it’s experienced “significant operating losses and cash flow challenges” and has been unable to obtain funding. Continue reading

Place picks up 2 new C-suite executives to ‘further our vision’

Emiliano Delucia and Abby Powell will help lead the startup less than a year after it achieved unicorn status. The company said it employs 584 people. Continue reading