Trending News: January 25, 2023

Anywhere Real Estate makes more cuts, BoomTown gets acquired, and housing inventory falls under 1 million (again).

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Show Notes

Anywhere Real Estate makes another round of cuts: Brokerage conglomerate’s headcount is down 11% since June 30. Read more

Inside Real Estate acquires industry competitor BoomTown: In what could be described as the most significant proptech acquisition since Zillow purchased ShowingTime, the resulting company will boast 700 employees and a massive range of customers. Read more

Housing inventory falls under 1M again as sales collapse: NAR reports that total housing inventory levels broke under 1 million in December, dropping to 970,00 units for a population of 330 million people. Read more

Music by: Gloria Tells from Epidemic Sound

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