Redfin shuts down iBuying operation, cuts 860 jobs - Since April Redfin has cut 27% of its workforce as it adapts to the housing market slowdown
https://www.realtrends.com/articles/redfin-shuts-down-ibuying-operation-cuts-860-jobs/
Compass turns to cost cutting as its tackles a ‘generationally bad year’ The brokerage lost $154 million during the third quarter of 2022
https://www.realtrends.com/articles/compass-turns-to-cost-cutting-as-its-tackles-a-generationally-bad-year/
‘It’s Never Our Time’: First-Time Home Buyers Face a Brutal Market
https://www.nytimes.com/2022/11/11/realestate/first-time-buyers-housing-market.html
‘No One Wants To Catch a Falling Knife’: What To Expect in the Housing Market for the Rest of 2022
https://www.realtor.com/news/trends/no-one-wants-to-catch-a-falling-knife-what-to-expect-in-the-housing-market-for-the-rest-of-2022/
https://botensten.com
https://instagram.com/bpi.homes
https://tiktok.com/@bpi.homes
PODCAST: https://bpi.bio/bpipod
BPI is a boutique firm doing big things. We are headquartered at Bryant Park in Manhattan.