Real estate stocks Redfin and Compass have both dropped roughly 25% over the last five days. Both companies announced layoffs this week as the US housing market stalls under pressure…
Category: REAL ESTATE BUSINESS
Redfin lays off 8% of workers, forecasts years of fewer home sales amid rate hikes
Check out what’s clicking on FoxBusiness.com. Real estate company Redfin laid off 8% of its employees and predicted years of lethargic home buying Tuesday. Redfin CEO Glenn Kelman announced the…
Real estate companies Compass, Redfin to cut workforce
Real estate companies Compass and Redfin are planning to cut their workforces since housing sales dropped. Both companies submitted filings with the Securities and Exchange Commission showing the layoffs. Compass…
Seattle-based Redfin to lay off hundreds as housing market cools
The cooling housing market is catching up with Seattle’s real-estate tech companies. With fewer people buying homes, the listing site and brokerage Redfin said Tuesday it would lay off nearly…
Real estate firms Compass and Redfin announce layoffs as housing market slows
Real estate firms Redfin and Compass are laying off workers, as mortgage rates rise sharply and home sales drop. In filings with the Securities and Exchange Commission, Compass announced a…
Dallas-Based Real Estate Investment Office Continues to Infiltrate St. Louis Market
Sealy & Company Acquires Five-Building Industrial Portfolio DALLAS, September 08, 2021–(BUSINESS WIRE)–Sealy & Company, a fully-integrated commercial real estate investment and operating company and recognized leader in the industrial real…