Flyhomes lays off 20% of its employees as housing market slows
Flyhomes lays off 20% of its employees as housing market slows
The Seattle-based real estate tech startup raised $150 million last year. It cited rising interest rates and lower demand for housing as reasons for the layoffs.
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The Seattle-based real estate tech startup raised $150 million last year. It cited rising interest rates and lower demand for housing as reasons for the layoffs.
The Seattle-based real estate tech startup raised $150 million last year. It cited rising interest rates and lower demand for housing as reasons for the layoffs.
Flyhomes is the venture capital-fueled real estate company to fall victim to the slowdown in the housing market, opting to lay off 20% of its staff this week.
The post Flyhomes lays off 20% of its employees as housing demand falls appeared first on HousingWire.
Flyhomes is the venture capital-fueled real estate company to fall victim to the slowdown in the housing market, opting to lay off 20% of its staff this week.
The post Flyhomes lays off 20% of its employees as housing demand falls appeared first on HousingWire.
A cooling housing market is trickling down to startups involved with residential real estate, leading Austin-based Homeward Inc. to announce it is laying off 20% of its team.
"Despite having a strong financial start to the year, we are currently staffed for more growth than weโre now forecasting," Homeward founder and CEO Tim Heyl wrote in an Aug. 10 blog post.
Homeward offers homebuyers financing to make all-cash offers, which became common in hot housing markets like Austin during the pan...
A cooling housing market is trickling down to startups involved with residential real estate, leading Austin-based Homeward Inc. to announce it is laying off 20% of its team.
"Despite having a strong financial start to the year, we are currently staffed for more growth than weโre now forecasting," Homeward founder and CEO Tim Heyl wrote in an Aug. 10 blog post.
Homeward offers homebuyers financing to make all-cash offers, which became common in hot housing markets like Austin during the pan...
Retail lender Movement Mortgage laid off between 165 and 170 employees in March, sources told HousingWire. It's the latest lender to start paring back staff as origination volume falls.
The post Movement Mortgage lays off 170 employees appeared first on HousingWire.
Retail lender Movement Mortgage laid off between 165 and 170 employees in March, sources told HousingWire. It's the latest lender to start paring back staff as origination volume falls.
The post Movement Mortgage lays off 170 employees appeared first on HousingWire.
Homepoint laid off more than 100 employees this week as it feels the effects of the price war in the wholesale lending space.ย ย The company confirmed workforce reductions on Wednesday and Thursday are in line with the companyโs โopenness to get smaller as an organization to effectively counter severe market pressures,โ according to a spokesperson [โฆ]
The post Homepoint lays off off more than 100 employees appeared first on HousingWire.
Homepoint laid off more than 100 employees this week as it feels the effects of the price war in the wholesale lending space.ย ย The company confirmed workforce reductions on Wednesday and Thursday are in line with the companyโs โopenness to get smaller as an organization to effectively counter severe market pressures,โ according to a spokesperson [โฆ]
The post Homepoint lays off off more than 100 employees appeared first on HousingWire.
Notarize CEO, Pat Kinsel publicly announced that his firm had laid off 25% of its workforce (110 employees) in a Twitter thread on Wednesday. This is the second time the 7-year-old, Boston-based remote online notarization (RON) firm has undergone layoffs. In 2019, Notarize was forced to undergo layoffs after financing fell through. โWe are exceptionally [โฆ]
The post Notarize lays off 25% of its workforce appeared first on HousingWire.
Notarize CEO, Pat Kinsel publicly announced that his firm had laid off 25% of its workforce (110 employees) in a Twitter thread on Wednesday. This is the second time the 7-year-old, Boston-based remote online notarization (RON) firm has undergone layoffs. In 2019, Notarize was forced to undergo layoffs after financing fell through. โWe are exceptionally [โฆ]
The post Notarize lays off 25% of its workforce appeared first on HousingWire.
Kiavi, which specializes in fix-and-flip and investor loans, has laid off 39 employees, sources told HousingWire on Thursday.
The post Fix-and-flip lender Kiavi lays off 7% of employees appeared first on HousingWire.
Kiavi, which specializes in fix-and-flip and investor loans, has laid off 39 employees, sources told HousingWire on Thursday.
The post Fix-and-flip lender Kiavi lays off 7% of employees appeared first on HousingWire.
Boston-based Notarize, a provider of online notarization software, laid off 110 workers, or approximately 25% of its payroll Wednesday, making it the latest fintech to make cuts this year.ย The layoffs impacted staff from junior to senior employees in nearly every department and left the company with 325 workers, a spokesperson confirmed Thursday. Notarize made the move in a shift to grow revenue from existing partnerships rather than customer and partner acquisition, as well as a response to e...
Boston-based Notarize, a provider of online notarization software, laid off 110 workers, or approximately 25% of its payroll Wednesday, making it the latest fintech to make cuts this year.ย The layoffs impacted staff from junior to senior employees in nearly every department and left the company with 325 workers, a spokesperson confirmed Thursday. Notarize made the move in a shift to grow revenue from existing partnerships rather than customer and partner acquisition, as well as a response to e...
Sun Belt metros continue to be one of the hottest places for homebuilders throughout the nation, according to a new report that highlights which areas need it the most as inventory continues to dwindle.
Seattle-based Redfin Corp. (NASDAQ: RDFN) recently found that 49 of 53 U.S. metropolitan areas with more than 1 million residents issued more single-family building permits per capita in the first quarter than they did on average in the 10 years before the pandemic.
While homebuyer demand has s...
Sun Belt metros continue to be one of the hottest places for homebuilders throughout the nation, according to a new report that highlights which areas need it the most as inventory continues to dwindle.
Seattle-based Redfin Corp. (NASDAQ: RDFN) recently found that 49 of 53 U.S. metropolitan areas with more than 1 million residents issued more single-family building permits per capita in the first quarter than they did on average in the 10 years before the pandemic.
While homebuyer demand has s...
Despite a 40% year-over-year increase in market share during the first quarter of 2022, Doma Holdings was unable to produce a net profit.
The post Doma lays off 15% of work force as Q1 revenue declines appeared first on HousingWire.
Despite a 40% year-over-year increase in market share during the first quarter of 2022, Doma Holdings was unable to produce a net profit.
The post Doma lays off 15% of work force as Q1 revenue declines appeared first on HousingWire.