Despite recent layoffs, the real estate tech startup has struck up a slew of new partnerships including one with a high-profile duo that just left Douglas Elliman. Continue reading
Lender hopes to cut up to $400 million in annual expenses and become profitable by the end of 2022 after rising mortgage rates gut profitable refinancing business. Continue reading
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
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
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
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
Power Buyer confirms that it intends to fill about 50 job openings in its mortgage, real estate brokerage, marketing and finance departments. Continue reading
Recent headlines have been filled with news of layoffs, but look closer, writes author and executive Joe Rand. The companies where layoffs are occurring are wholly unrepresentative of the real estate industry and don’t represent a major trend. Continue reading
The slowing demand for homes is affecting the balance of power between buyers and sellers, according to two new reports from Redfin. Continue reading
Inman spoke with Oppenheim Group founder Jason Oppenheim and vice president Mary Fitzgerald about market turmoil, layoffs and the road forward ahead of Connect Las Vegas. Continue reading