Core Insights - The U.S. real estate industry has faced significant challenges, particularly due to the aftermath of COVID-19 and persistently high long-term interest rates, leading to a perception of weakness in the sector [1] Company Insights - Compass (COMP) is highlighted as a company navigating these industry headwinds, suggesting potential resilience or opportunities within its operations [1] Analyst Background - Gary Alexander, with extensive experience in technology and investment, provides insights into the themes affecting the real estate industry, indicating a knowledgeable perspective on market dynamics [1]