Notarize lays off 110 employees, cites Sequoia’s warning to startups

Having “created a category” — remote online notarization — CEO Pat Kinsel says the company must evolve to survive a potential downturn. Continue reading

Cash buyers have upper hand as mortgage rates rise

Although there is still an inventory shortage, cash buyers can use this time to enjoy a wider selection of homes than buyers who are taking out a loan. Continue reading

The cheapest way for clients to tap into new home equity

There are many ways to access the equity in your home, but they’re not all the same. Count on author and coach Bernice Ross for the most innovative strategies available to tap into all of that newfound wealth. Continue reading

Americans know more about Kim Kardashian than homebuying

Nearly 90 percent of Americans know how many children Kim Kardashian has, but fewer than 33 percent know how to get pre-approved for a mortgage, according to a new survey from Zillow. Continue reading

The best and worst ways to handle layoffs as real estate cuts accelerate

The housing industry has shed thousands of jobs recently, and more cuts may be in store. But some companies are handling the situation better than others. Continue reading

The best and worst ways to handle layoffs as real estate cuts accelerate

The housing industry has shed thousands of jobs recently, and more cuts may be in store. But some companies are handling the situation better than others. Continue reading

Fannie Mae downgrades home sales expectations for 2022 and 2023

Higher mortgage rates are now “housing market’s primary constraint,” economists at Fannie Mae said in a new forecast predicting home sales will fall 13.5 percent this year. Continue reading

HomeLight raises $115M and acquires cash offer rival Accept.inc

Scottsdale, Arizona-based HomeLight announced that its all-stock deal raises the company’s valuation to $1.7 billion and makes it the largest “agent-focused” cash offer program in the U.S. Continue reading

Homebuyers ‘need a bit of a reset,’ Fed chair Jerome Powell declares

Jerome Powell on Wednesday acknowledged the tough situation buyers now find themselves in, adding that “We need to get back to a place where supply and demand are back together.” Continue reading