Core Viewpoint - Momentum investing focuses on buying stocks that are trending upwards, contrasting with the traditional strategy of buying low and selling high. This approach can lead to significant gains but carries risks if stocks lose momentum after reaching high valuations [1]. Group 1: Momentum Investing Strategy - Momentum investing involves buying high and selling higher, aiming for quick profits from fast-moving stocks [1]. - Identifying the right entry point for momentum stocks is challenging, as they may lose momentum if their valuations exceed future growth potential [1]. Group 2: Bargain Momentum Stocks - A safer investment strategy includes buying bargain stocks that exhibit recent price momentum, utilizing tools like the Zacks Momentum Style Score to identify such opportunities [2]. - The 'Fast-Paced Momentum at a Bargain' screen helps investors find fast-moving stocks that remain attractively priced [2]. Group 3: Fathom Holdings (FTHM) Analysis - Fathom Holdings (FTHM) has shown a four-week price change of 6.3%, indicating growing investor interest [3]. - Over the past 12 weeks, FTHM's stock price has increased by 82.2%, demonstrating its ability to deliver positive returns over a longer timeframe [4]. - FTHM has a beta of 2.12, suggesting it moves 112% higher than the market in either direction, indicating fast-paced momentum [4]. - The stock has a Momentum Score of A, suggesting it is an opportune time to invest [5]. - FTHM has received a Zacks Rank 2 (Buy) due to upward revisions in earnings estimates, which typically attract more investors [6]. - The stock is trading at a Price-to-Sales ratio of 0.10, indicating it is undervalued at 10 cents for each dollar of sales [6]. Group 4: Additional Investment Opportunities - Besides FTHM, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, presenting further investment opportunities [7]. - Investors can explore over 45 Zacks Premium Screens tailored to different investing styles to identify potential winning stocks [8].

Core Viewpoint - Colliers International Group Inc. will release its second quarter results for the period ending June 30, 2025, on July 31, 2025, at approximately 7:00am ET, followed by a conference call at 11:00am ET to discuss these results [1]. Group 1 - The conference call will be hosted by Jay S. Hennick, Global Chairman & CEO, and Christian Mayer, CFO [1]. - The call can be accessed via local and toll-free telephone numbers, as well as through a webcast available on the company's corporate website [2]. - A replay of the webcast will be available for those unable to attend the live call [2]. Group 2 - Colliers is a global diversified professional services and investment management company, operating through three platforms: Real Estate Service, Engineering, and Investment Management [3]. - The company has delivered approximately 20% compound annual returns for shareholders over the past 30 years, supported by significant inside ownership and substantial recurring earnings [3]. - Colliers has nearly $5.0 billion in annual revenues, a workforce of 23,000 professionals, and manages over $100 billion in assets [3].

Core Insights - FOREWARN services will be made available to approximately 10,000 members of the MIBOR REALTOR Association to enhance agent safety [1][3] - The service provides real-time information solutions, including identity verification and criminal history checks, accessible via a mobile app [2][5] - MIBOR members can access FOREWARN services at no additional cost, promoting proactive safety measures [2][3] Company Overview - FOREWARN, LLC is a leading provider of real-time information solutions for real estate agents, focusing on safety and risk mitigation [1][5] - MIBOR REALTOR Association represents central Indiana's REALTORS, serving around 10,000 professionals across 14 counties [7][8] - MIBOR aims to strengthen communities and promote professionalism through technology resources [8]

Investment Rating - The report rates several developers as "Buy," specifically C&D International, CR Land, China Jinmao, and KE Holdings, while others are rated as "Hold" [8][22]. Core Insights - The report highlights a positive sentiment in the market due to progress in debt restructuring and the reopening of the offshore bond market, which is expected to benefit Longfor and distressed developers aiming for a turnaround in 2026 [8][22]. - Distressed developers are anticipated to gradually exit property development and shift towards asset-light project management, contingent on significant debt reduction to stabilize their balance sheets [2][8]. - Local governments are increasing the issuance of special bonds to acquire unsold inventories, which could create a virtuous cycle aiding distressed developers in housing delivery and debt repayment [4][8]. Summary by Sections Debt Restructuring - CIFI announced a successful offshore debt restructuring scheme involving a USD 5.3 billion reduction, representing a 66% haircut to offshore debt [2]. - Seazen successfully issued a USD 300 million note at an 11.88% coupon rate, indicating a rebuilding of offshore investors' appetite for the property sector [3]. Market Dynamics - The report notes that while share prices of distressed developers exhibit volatility, there is a preference for developers positioned to benefit from the primary market recovery, such as CRL, C&D, China Jinmao, and KE Holdings [5][8]. - The report anticipates that selected distressed developers may see a new beginning in 2026 as their debts are resolved and inventories cleared [5][8]. Financial Estimates - Revenue forecasts for several developers have been revised down by 1-37% due to slower-than-expected contracted sales, while Shimao's forecasts have been revised up due to better-than-expected performance [23]. - Gross margin forecasts for four developers have been cut by 0.7-7.8 percentage points, reflecting the impact of price cuts, while estimates for CIFI and Country Garden have been adjusted upwards [24]. Inventory and Impairment - Local governments are focusing on acquiring unsold inventories, primarily from projects developed by local government financing vehicles (LGFVs) or state-owned enterprises (SOEs), which may expand the scope for distressed developers [4][8]. - The report provides detailed metrics on inventory impairment across various developers, indicating a trend of managing inventory levels more effectively [11].

Group 1 - The broader real estate markets have underperformed compared to the S&P 500, with the Vanguard Real Estate Index (VNQ) closely tracking the S&P 500 before 2022 [1] - The article highlights the importance of data analytics in identifying investment opportunities within the equity markets, particularly in the context of real estate [1] - The focus is on value investing, emphasizing high-quality, long/short mid and small-cap companies as potential investment targets [1] Group 2 - The article does not provide any specific stock recommendations or investment advice, maintaining a neutral stance on the suitability of investments for individual investors [2][3] - There is a clear distinction made regarding the lack of any business relationships with the companies mentioned, ensuring an unbiased perspective [2] - The content reflects the author's personal opinions and experiences without any external compensation influencing the analysis [2]

Core Insights - The article highlights the dedication and professionalism of a seasoned real estate agent, demonstrating the importance of long-term relationships in the real estate industry [5][6]. Group 1: Industry Overview - The real estate industry is characterized as a marathon rather than a sprint, emphasizing the need for professionalism and genuine service [5]. - The article illustrates the evolving demands of clients, showcasing how agents must adapt to meet diverse needs, such as transitioning from residential to commercial properties [5][6]. Group 2: Case Study of a Real Estate Agent - The agent, Hao Wenmei, has over 20 years of experience and maintains strong relationships with clients, exemplified by her assistance to a long-term client in finding a rental property [5][6]. - Despite the lower income from a rental transaction compared to a new home sale, the agent values client satisfaction and the effort put into providing comprehensive service [6]. - The agent's proactive approach included extensive communication with property management and potential landlords to fulfill the client's requirements, demonstrating commitment to client service [6].

Core Insights - Home sales increased by 8.6% in May compared to April, but were still 3.5% lower than the same month in 2024 [1][6] - The number of homes for sale rose by 8.3% month over month and 34.8% year over year, marking the 17th consecutive month of inventory growth [2][17] - The median sales price reached $442,000, a nominal increase of 0.6% from May 2024, continuing a trend of price growth for 23 months [2][10] Sales and Inventory Trends - New listings increased by 4.4% from April and 7.9% from May 2024, indicating a sustained upward trend in new inventory [2][4] - The average days on market decreased to 39 days, down from 41 days in April but up from 34 days in May 2024 [8][14] - The months' supply of inventory was 2.5 months, up from 1.9 months in May 2024, reflecting a growing inventory relative to sales [17] Market Performance by Region - The markets with the largest year-over-year increases in new listings included Washington, D.C. (+25.4%), Fayetteville, AR (+25.1%), and Wichita, KS (+23.7%) [4][5] - Conversely, Miami, FL experienced the largest year-over-year decrease in sales at -16.5%, followed by Honolulu, HI at -14.2% [6][9] - The highest median sales price increases were seen in Trenton, NJ (+9.9%), Hartford, CT (+8.5%), and Honolulu, HI (+8.3%) [10][11] Pricing Dynamics - Buyers paid an average of 99% of the asking price in May, consistent with April but slightly below the 100% seen in May 2024 [8][12] - The close-to-list price ratio averaged 99% across the 52 metro areas, with Hartford, CT having the highest ratio at 104.9% [12][13] Days on Market Analysis - The average days on market for homes sold in May was 39 days, with Miami, FL and Fayetteville, AR having the highest averages at 76 days [14][16] - The lowest days on market were recorded in Baltimore, MD (12 days), Washington, D.C. (13 days), and Manchester, NH (14 days) [14] Summary of Market Conditions - The overall housing market shows signs of recovery with rising sales, increasing inventory, and stable prices, suggesting a potentially active summer season ahead [3]

Core Viewpoint - A Baltimore lawyer, Barry Glazer, is suing Meta and Google for their role in facilitating unauthorized access to vacant properties through social media networks, which he claims poses a threat to legitimate property owners and increases liability and maintenance costs for real estate companies [2][3]. Group 1: Legal Action - The lawsuit is a proposed class-action complaint filed in the U.S. District Court for Maryland, targeting the proliferation of "squatter" networks on platforms like Facebook, Instagram, and YouTube [2]. - Glazer's complaint highlights that these networks offer keys and tours of illegally accessed properties, which are often advertised as "squatter houses" [2]. - The complaint asserts that the illicit rentals lead to increased liability and maintenance costs for real estate companies, as well as extended vacancies that deprive them of sales income [2]. Group 2: Company Accountability - Glazer argues that Meta and Google have policies against fraudulent conduct but have failed to enforce these rules, leading to a belief among real estate companies that their properties were secure [3][4]. - Despite receiving reports and complaints about these schemes, Meta and Google have not taken adequate action to remove or prevent the content related to these unauthorized rentals [4]. Group 3: Local Response - Local leaders in Baltimore are committed to holding those involved in the "squatter house" trend accountable, with some aspects potentially reaching a criminal level [5]. - Maryland Governor Wes Moore has stated that the state is taking immediate action regarding the issue, indicating a broader concern about the impact of these networks on the community [5].

Core Viewpoint - Anywhere Real Estate Inc. is proposing to issue $500 million in senior secured second lien notes due 2030 to finance the repurchase of existing debt and reduce borrowings under its Revolving Credit Facility [1][2]. Group 1: Offering Details - The proposed offering consists of $500 million aggregate principal amount of senior secured second lien notes due 2030 [1]. - The notes will be guaranteed on an unsecured senior subordinated basis by the Company and on a senior secured second priority lien basis by its subsidiaries [1]. - The notes will be effectively junior to all existing and future indebtedness secured by senior liens on the collateral [1]. Group 2: Use of Proceeds - The net proceeds from the offering will be used to repurchase the Company's 0.25% exchangeable senior notes due 2026 [2]. - Remaining proceeds will be allocated to repay a portion of outstanding borrowings under the Revolving Credit Facility [2]. Group 3: Regulatory Information - The notes and related guarantees will not be registered under the Securities Act and will be offered only to qualified institutional buyers [3]. - The offering is exempt from registration requirements under the Securities Act [1][3]. Group 4: Company Overview - Anywhere Real Estate Inc. operates in the real estate sector, providing integrated services including franchise, brokerage, relocation, and title and settlement businesses [5]. - The Company is associated with well-known brands such as Better Homes and Gardens® Real Estate, CENTURY 21®, and Sotheby's International Realty® [5].

Core Insights - REMAX has achieved the highest number of agents and teams recognized in the NAHREP Top 250 Latino Agents Report for the 11th consecutive year, highlighting its strong presence in the real estate market [1][2][3] - The 2025 report emphasizes the significant role Latino agents play in guiding homebuyers and sellers, showcasing their impact on community development [2][3] - Chris Lim, REMAX Chief Growth Officer, praised the professionalism and dedication of REMAX agents in serving diverse communities, reinforcing the brand's commitment to excellence [3] Company Performance - The 2025 Top 5 REMAX Latino Agents in the U.S. ranked by transactions includes Berto Barerra, who improved his ranking from No. 15 to No. 9 nationally and is recognized as the No. 1 Latino agent in Indiana [3][5] - REMAX maintains a network of over 145,000 agents across nearly 9,000 offices globally, emphasizing its leadership in residential real estate transactions [4][6] Community Engagement - REMAX has a long-standing partnership with NAHREP, supporting sustainable housing opportunities within Hispanic communities [1][2] - The company has raised millions of dollars annually for charities, including Children's Miracle Network Hospitals, demonstrating its commitment to community service [6]