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 we’re 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 pandemic.…
