TagsPropTech News
PropTech News
Better.com Moves Forward With SPAC Despite Legal Issues and SEC Probe
Legal woes threaten Better.com’s very existence, but denial surrounding the trouble they're in comes as they continue to move forward with their SPAC merger...
Real Estate Firms Compass and Redfin and More Announce Layoffs
With the real estate market cooling off and the economy slowing down, real estate companies are starting to make changes. In filings with the...
Lawsuit by Former Employee Brought Against CEO of Better.com
From Vishal Garg's claim-to-fame Zoom call laying off over 900 employees 2 weeks before Christmas, to making headlines several times for several consecutive rounds...
The Housing Market May Be Cooling Down, According to a Redfin Study
A recent Redfin study suggests that the housing market may be cooling down. According to the study, almost one in five home sellers dropped...
Better.com Layoffs Stir Up More Controversy
Technically, I could start out by saying "I told you so," but I won't. I have been covering Better's progress - or lack thereof...
Bezos-Backed Real Estate Opportunity Has Arrived
If you've been wondering what Jeff Bezos has been up to in his spare time since leaving Amazon, your wait is over - his...
Zillow Earnings Strong, Q2 Predictions Seem Volatile
Zillow's co-founder and CEO, Rich Barton, led the Q1 earnings call on Thursday evening, sounding somewhat strained and a bit scripted. It is a...
Opendoor Reports Q1 2022 Earnings
On May 5, Opendoor, a digital platform specializing in residential real estate transactions, announced record earnings in Q1 of 2022. The company, based in...
Rocket Mortgage to Reduce Workforce, Signaling Tougher Times Ahead for Mortgage Industry
The country’s largest lender, Rocket Mortgage, recently announced plans to reduce its workforce. Representatives from the company decided to offer voluntary buyouts to 8%...
Blend Labs Lays Off Significant Workforce
A New York-based digital mortgage lender, Blend Labs, laid off 10% of its workers due to the changing climate of the housing market, and...