Company: HOUS
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0001398987-25-000116
Chunk: 134

Company: Anywhere Real Estate Inc.
Filing Date: 2025-11-05
Form: 10-Q
Item: Item 8
Chunk 134
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 and support agreement with Compass and the Company, agreeing to, among other things, vote their shares in favor of issuing Compass shares for the Merger and to restrict transfers, subject to limited exceptions. Also on September 22, 2025, certain funds and accounts managed or advised by Angelo, Gordon & Co., L.P. that, as of the date of the Merger Agreement, held and had the power to vote or direct the voting of approximately 8.7% of the issued and outstanding voting power of the common stock of the Company, entered into a voting and support agreement with the Company and Compass, agreeing to, among other things vote their shares in favor of adopting the Merger Agreement and to restrict transfers, subject to limited exceptions.

See Part II, "Item 1A. Risk Factors" for a discussion of risks related to the Merger.

CURRENT BUSINESS AND INDUSTRY TRENDS

Housing affordability concerns, inventory constraints and high mortgage rates, combined with broader macroeconomic uncertainty, including geopolitical instability, shifting trade dynamics, and declining consumer confidence, have continued to contribute to a challenging operating environment during 2025.

For the three months ended September 30, 2025, Franchise Group saw a 7% increase in volume, calculated as the number of closed homesale sides multiplied by the average homesale price, and Owned Brokerage Group experienced a 6% increase in volume, both as compared to the same period in prior year. The number of closed homesale sides for Franchise Group increased 2% and the average homesale price increased 5% for the three months ended September 30, 2025 as compared to the same period in 2024. Similarly, Owned Brokerage Group reported a 2% increase in closed homesale sides and the average homesale price increased 5% for the three months ended September 30, 2025 as compared to the same period in 2024.

For the nine months ended September 30, 2025, Franchise Group saw a 4% increase in volume and Owned Brokerage Group experienced a 5% increase in volume, both as compared to the same period in prior year. The positive volume in the first nine months of 2025 was driven entirely by price at both Franchise Group and Owned Brokerage Group. Specifically, the number of closed homesale sides for Franchise Group decreased by 2% in the first nine months of 2025 as compared to the same period in 2024,