Real estate job cuts: Redfin and Compass announce layoffs – CNN

Mortgage rates are climbing, home sales are dropping and some of the nation’s largest real estate companies are announcing layoffs. Redfin said it cut about 8% of its employees and Compass said it would reduce its workforce by 10%. The cutbacks are the latest indication that the red hot housing market is showing signs of […]

Checking In With the Real-Estate Brokers Who Stormed the Capitol – Curbed

Photo-Illustration: Curbed/Getty Images On January 6, 2021, a group of Realtors in Denton, Texas, boarded a private jet to Washington, D.C. They took a lot of selfies: on the jet, flashing peace signs; on Pennsylvania Avenue with the dome of the Capitol Rotunda in the distance. When the riots started, they joined the mob inside […]

Redfin and Compass Lay Off Workers Amid Housing Decline – The New York Times

The real estate brokerages Compass and Redfin are both laying off employees, a sign that the housing market is cooling as higher interest rates make mortgages more expensive and rising inflation squeezes incomes. Glenn Kelman, Redfin’s chief executive, announced a cut of about 8 percent of the company’s work force in an email to employees […]

Real Estate Fresh Finds: June 15 – PoPville

Real Estate Fresh Finds is a weekly selection of newly-listed properties in the District, brought to you by RLAH Real Estate. Featured Property of the Week: 1117 10th Street NW #311 “Custom Comfort at Quincy Court — Quincy Court Condominiums — already offering you the world where downtown, Mount Vernon Square, Shaw, and Logan Circle meet […]

Engel and Völkers Okemo hires real estate advisor Rae Beaudette | Southern Vermont brokerage quadruples in size, as it expands radius – vtdigger.org

June 14, 2022; Ludlow, VT — Engel & Völkers Okemo has hired advisor Rae Beaudette of South Woodstock, signaling the brokerage’s continued expansion across southern Vermont. Located on Main Street in Ludlow Village, Engel & Völkers has quadrupled in size since 2019, when it transacted on nearly $11 million in home sales. Inspired by this […]