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…
Tag: Estate
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…
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…
Real estate: Is house-flipping losing steam?
House flipping is popular only when there’s profit to be made. For the model to work, the market needs to support it. And today’s overall housing market doesn’t. Don’t believe…
The Real Estate Industry Is Ground Zero in the Fight Against Racial Inequality
Last updated:September 9, 2021 This is my final article in a series about housing affordability. In previous articles, I talk about the role of the property industry in the housing…