Bay Area Home-Selling Startup Reali Shutting Down After $100M Funding

Bay Area home-selling startup Reali to shut down a year after raising $100M funding

bizjournals bizjournals | 1 year ago

A Bay Area home-selling startup on Wednesday said it will shut down a little over a year after raising a $100 million funding round. San Mateo-based Reali Inc. blamed the move on "challenging real estate and financial market conditions and unfavorable capital-raising environment." Most of its staff of about 140 people will be let go on Sept. 9, the company said in a news release. Reali provided a way for customers to buy and sell homes in one coordinated transaction, eliminating some of the c...

housingwire housingwire | 1 year ago

California real estate startup Reali is shutting down, with plans to lay off most of its employees in September. The post Real estate startup Reali to shut down appeared first on HousingWire.

Bogus building firm shut down after materials credit scam

Construction news, jobs and co... Construction news, j... | 1 year ago

Nobleread Ltd has been wound up by the High Court and the Official Receiver has been appointed Liquidator of the company. The company operated two businesses – NB Construction and NB Wholesale. Between February and April 2021 it ordered various construction goods on credit under each name following approaches to suppliers. Representatives for NB Construction would approach building sites or tradesmen in builders’ merchants in person and offer materials and supplies at a reduced price for c...

housingwire housingwire | 1 year ago

A former employee told HousingWire that executives sent an email on Friday informing them about the decision to cease operations that day. The post Did Suburban Mortgage shut down? appeared first on HousingWire.

Occupational Licensing Used to Intimidate and Shut Down Discourse

appraisersblogs appraisersblogs | 1 year ago

It provides no better illustration of how occupational licensing promotes groupthink and intolerance to differing viewpoints… CALIFORNIA: WHERE RIGOROUS INQUIRY GOES TO DIE It smothers innovation and silences debate. These have been principal criticisms of occupational licensing over the years, and nowhere is innovation and debate under greater attack than in California. Last year, lawmakers there passed a bill tasking the state’s regulator of real estate appraisers to apply lopsided scrutin...

Arrived Homes looks to double staff after raising $25M

bizjournals bizjournals | 1 year ago

The Seattle-based real estate investing platform is remote-first but meets at a WeWork in South Lake Union.

opendoor opendoor | 2 years ago

Today, Opendoor is launching one of its largest markets to date: the San Francisco Bay Area. The post Feels like home: Opendoor live in the SF Bay Area appeared first on Opendoor.

fastexpert fastexpert | 1 month ago

If you’re looking to buy a house in the Bay Area, you’ll probably be a little sticker-shocked, even more so if you’re from out of the area. Housing prices throughout the region are more than double the nation’s median home price. The San Francisco Bay Area is home to Silicon Valley and some of the world’s most valuable companies, with new tech startups forming daily. Beyond tech, there are significant opportunities in biotech, education, finance, and the arts, making it an attractive p...

Waters tells CFPB to shut down Equifax credit reporting

housingwire housingwire | 1 year ago

House Financial Services Chairwoman Maxine Waters wants the CFPB to put a “moratorium” on Equifax, after it reported faulty credit scores of millions of consumers. The post Waters tells CFPB to shut down Equifax credit reporting appeared first on HousingWire.