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  • Tech layoffs slow Bay Area housing market as home prices fall
    Real Estate News

    Tech layoffs slow Bay Area housing market as home prices fall

    November 19, 2022 /

    Add tech business layoffs to the listing of headwinds dealing with the Bay Location housing marketplace. Soaring mortgage rates, economic downturn fears and a volatile inventory market place have all tamped down residence profits and rates in new months from record-setting pandemic highs. Now, moving into the customarily slow winter authentic estate year, escalating uncertainty in the region’s top marketplace is offering would-be purchasers a further reason for pause. “We have shoppers who have been in and out of looking at shopping for,” stated Silicon Valley real estate agent Mary Pope-Useful. “One of them is effective at … Fb, and they reported. ‘I didn’t get laid off, but it does…

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    Jerry Schmidt Comments Off on Tech layoffs slow Bay Area housing market as home prices fall

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    December 28, 2021

    Investors Snap Up Metaverse Real Estate in a Virtual Land Boom

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  • The pandemic’s real estate jobs boom is turning into a bust as layoffs hit
    Real Estate News

    The pandemic’s real estate jobs boom is turning into a bust as layoffs hit

    September 25, 2022 /

    WASHINGTON — As housing sales gradual amid greater curiosity prices, hundreds of employees who located jobs in the booming housing market of the pandemic are now facing prevalent layoffs with steeper cuts predicted in advance.   Some of the most important players in the genuine estate marketplace, which include RE/MAX, Redfin and Wells Fargo, have introduced layoffs in recent months totaling countless numbers of work opportunities. Business analysts are projecting the cuts could sooner or later be on par with what was seen all through the housing crash of 2008. According to the Countrywide Association of Realtors, the quantity of properties remaining sold in the U.S. fell practically 20{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} concerning August…

    read more
    Jerry Schmidt Comments Off on The pandemic’s real estate jobs boom is turning into a bust as layoffs hit

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    6 leading real estate economists and pros on what to expect from the housing market this winter

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    Lessen, Property Services Startup, Scores Unicorn Valuation

    December 1, 2021
    Trilogy Real Estate Group Hires Omar Limon as Regional Vice President, Internal Sales

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    April 5, 2022
  • Homie layoffs: Utah real estate disruptor cuts staff due to housing market issues
    Real Estate News

    Homie layoffs: Utah real estate disruptor cuts staff due to housing market issues

    February 15, 2022 /

    Utah actual estate market place disruptor Homie introduced companywide layoffs previous week as the tech startup lowered its workforce by some 28{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} amid unparalleled ailments for home customers and sellers in Utah and all-around the region. Homie co-founder and CEO Johnny Hanna reported the team reductions impacted 119 workers across the company’s operations in Utah, Arizona, Colorado, Idaho and Nevada. Hanna, a veteran Utah entrepreneur, claimed a confluence of current market situations place the firm in a situation of needing to make vital variations he described as the hardest choice he’s had to make in his occupation. “Record reduced inventories have completely played a function in this,” Hanna explained. “2021…

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    Jerry Schmidt Comments Off on Homie layoffs: Utah real estate disruptor cuts staff due to housing market issues

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    6 of the 10 U.S. housing markets most vulnerable to a downturn are in this state

    6 of the 10 U.S. housing markets most vulnerable to a downturn are in this state

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