08/30/2022
Layoffs Hit Real Estate
Add the real estate industry to the layoffs in 2022. Real estate firms like Redfin and Compass announced layoffs this summer.
Now, real estate tech startups are feeling the burn.
Last week, Reali announced it had begun a full shutdown and would lay off most of its workforce by September 9th. Better.com has conducted a series of layoffs since the start of 2022.
What’s the deal? Low interest rates equals a BOOM in real estate - more purchases and refinances. Higher interest rates mean far fewer purchases and refinances that tend to lead to LAYOFFS.
But we’re still here with 15+ years helping people with real estate problems. We're happy to listen, share, offer, and help to get relief from property debt.
www.deebuyshousesfast.com