#Compass, Redfin to lay off hundreds as housing market cools
“Compass, Redfin to lay off hundreds as housing market cools” Real estate firms Compass and Redfin revealed plans to conduct layoffs on Tuesday as surging mortgage rates trigger a slowdown in the once-booming housing market. Redfin’s regulatory filing cited “market conditions” in the firm’s decision to cut the company’s headcount by about 470 employees, with…