Zillow Group‘s (NASDAQ: Z and ZG) new-construction listings will soon be automatically syndicated to Redfin, connecting home builders with motivated buyers on both platforms. The strategic partnership will aim to “expand the reach of home builder listings on Zillow and allow Redfin customers to explore… Read More
Rising interest rates, giga-high inflation, and a wobbly economy is having a profound impact on the housing market, according to data from Proptech Redfin (NASDAQ: RDFN). The company reports that home sales and listings in the US have tanked by 20% during the month of… Read More
As remote working becomes the norm for many, the demand for homes around the world has risen dramatically. If you can work from anywhere in the world – where would you choose? Unfortunaly, some regions do not offer a multi-listing service, and the process… Read More
JP Morgan (NYSE:JPM), is slashing jobs in its mortgage business as the economy slows and demand for mortgages slows, according to a report by Bloomberg. JP Morgan is an enormous financial services firms with $4 trillion in assets and a significant home lender. The report… Read More
Compass (NYSE: COMP), a digital real estate listing platform, and Redfin (NASDAQ: RDFN) a similar platform have both slashed employee headcount as the economy teeters on the brink of recession. Redfin is cutting employees by 8% while Compass is reducing jobs by 10%. The two… Read More
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