Company: HOUS
Filing Date: 2025-02-25
Form Type: 10-K
Source: 0001398987-25-000020
Chunk: 67

Company: Anywhere Real Estate Inc.
Filing Date: 2025-02-25
Form: 10-K
Item: Item 1A
Chunk 67
---
 have a material adverse effect on our business by causing a lack of sustained improvement or a decline in the number of homesales and/or stagnant or declining home prices, which in turn, could adversely affect our revenues and profitability:

•prolonged periods of a high mortgage rate environment;

•high rates of inflation;

•continued or accelerated reductions in housing affordability;

•continued or accelerated increases in the costs of home ownership, including but not limited to rising or high insurance costs and/or challenges in securing homeowners insurance, especially in areas affected by the increasing frequency and severity of weather events and natural disasters, and increases in other expenses, fees and taxes, including maintenance and association fees;

•insufficient or excessive home inventory levels by market or price point;

•the failure of wages to keep pace with inflation;

•decreasing consumer confidence in the economy and/or the residential real estate market;

•an increase in potential homebuyers with low credit ratings or inability to afford down payments;

•stringent mortgage standards, reduced availability of mortgage financing or increasing down payment requirements or other mortgage challenges;

•an increase in foreclosure activity;

•legislative or regulatory changes (including changes in regulatory interpretations or enforcement practices) - or industry changes driven by other market participants - that would adversely impact the residential real estate market;

•federal, state and/or local income tax changes and other tax reform affecting real estate and/or real estate transactions;

•decelerated or lack of building of new housing for homesales or increased building of new rental properties;

•irregular timing of new development closings leading to lower unit sales at Owned Brokerage Group; and

•changes in consumer preferences in the U.S., including declines in consumer demand, declines in home ownership levels, and homeowners retaining their homes for longer periods of time.

We are negatively impacted by adverse developments or the absence of sustained improvement in macroeconomic conditions (such as business, economic or political conditions) on a global, domestic or local basis.

Our business and operations and those of our franchisees are sensitive to general business and economic conditions in the U.S. and worldwide. Contraction in the U.S. economy, including the impact of recessions, slow economic growth, or a deterioration in other economic factors such as potential consumer, business or governmental defaults or delinquencies, could have a material adverse impact on our business, financial condition and results of operations. A deterioration in economic factors that particularly impact the residential real estate market and the business segments in which we operate, 

23

whether broadly or by geography and