Over 75 percent of U.S. renters and almost 50 percent of homeowners could pay one month of housing expenses with a $1,200 stimulus check, according to data from Redfin Continue reading
Opendoor announced it’s laying off 35 percent of its workforce. The move, designed to give Opendoor more runway, increases its chances of survival, but it comes at a competitive cost. Continue reading
The franchisor is enacting cost-cutting measures including a suspension of its popular 401K matching program, company bonuses and a national hiring freeze. Continue reading
Real estate agents in markets where transactional activity has halted may be getting a little relief soon. Continue reading
Some real estate brokerages are asking multiple listing services for financial relief amid the coronavirus outbreak and Georgia MLS is listening. Continue reading
Some franchise owners defended the practice of adjusting expenses to increase brokerage profits and reduce agent profit sharing for April. Continue reading
The company announced it’s also laying off 7 percent of its staff in an SEC filing. Continue reading
The market started to show a slow down in the second half of March as the coronavirus outbreak settled in, according to data from realtor.com and Redfin. Continue reading
Real estate companies, trade groups and government agencies are offering resources amid the pandemic. This is Inman’s attempt to compile them all in one guide that will be updated daily. Continue reading
How cities, businesses and housing markets behave over the next 30 days as the pandemic continues to spread will be crucial on the road to recovery. Continue reading