Company: HOUS
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001398987-25-000108
Chunk: 130

Company: Anywhere Real Estate Inc.
Filing Date: 2025-08-08
Form: 10-Q
Item: Item 2
Chunk 130
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 such as interest payments, facilities costs and certain personnel-related costs, are fixed and cannot be reduced during the seasonal fluctuations in the business. While this seasonality generally increases our need to borrow under the Revolving Credit 

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Facility during the first third of the year, our need for borrowings may be heightened deeper into the year during periods of industry downturn.

Cash Flows

At June 30, 2025, we had $278 million of cash, cash equivalents and restricted cash, an increase of $154 million compared to the balance of $124 million at December 31, 2024. The following table summarizes our cash flows for the six months ended June 30, 2025 and 2024:

 Six Months Ended June 30,  20252024ChangeCash provided by (used in):Operating activities$(133)$(83)$(50)Investing activities(30)(35)5 Financing activities316 136 180 Effects of change in exchange rates on cash, cash equivalents and restricted cash1 — 1 Net change in cash, cash equivalents and restricted cash$154 $18 $136 

For the six months ended June 30, 2025, $50 million more cash was used in operating activities compared to the same period in 2024 principally due to:

•$33 million less cash provided by the net change in relocation and trade receivables due to timing; and

•$33 million more cash used for other assets primarily due to higher agent incentive payments,

partially offset by:

•$9 million more cash provided by dividends received from equity method investments primarily related to Guaranteed Rate Affinity; and

•$7 million more cash provided by operating results.

For the six months ended June 30, 2025, $5 million less cash was used in investing activities compared to the same period in 2024 primarily due to:

•$6 million more cash proceeds received from the sale of investments; and

•$5 million more cash from other investing activities primarily due to a return of capital from Guaranteed Rate Affinity in 2025,

partially offset by $7 million more cash used for property and equipment additions.

For the six months ended June 30, 2025, $316 million of cash was provided by financing activities compared to $136 million of cash provided by financing activities during the same period in 2024. For the six months ended June 30, 2025, $316 million of cash