Revolutionizing real estate by putting the consumer first.
Philadelphia, PA
Joined October 2022
- Tweets24
- Following5
- Followers15
- Likes19
Newfound Group retweeted
BREAKING: The number of full-time real estate agents and brokers in the US dropped to 440,000 in 2023, the least since 2014.
The real estate agents count fell 72,000 year-over-year, or 14%, marking the largest drop since 2008.
The number of members in the National Association of Realtors is now down 100,000 since 2022, to ~1.5 million.
In July, pending home sales plummeted to their lowest level on RECORD, even below the 2020 pandemic levels when the housing market halted.
With mortgage demand at 30-year lows, the housing market is stalling.
Agents are dropping quickly.
Newfound Group retweeted
As we stand at the brink of this industry-wide transformation, every real estate brokerage faces a pivotal decision: to wholeheartedly adopt the essence of this settlement or reluctantly push back.
We choose wholehearted adoption.
I'm excited to share "Newfound's Perspective on the NAR Settlement and the Path Towards Industry Transformation." @NewfoundGroup @Houwzer @Trelora @HomeRise @WSJ @nytimes @Inman @bizjournals @NicoleFriedman
linkedin.com/pulse/newfounds…
Newfound Group retweeted
It's time to usher in a pro-consumer real estate model.
Our CEO @MikeMaherPHL recently published a blueprint for what real estate reform should look like, leading with consumer savings at the top.
What do you think?
I'm excited to share an Open Letter to the Real Estate Industry outlining a pro-consumer reformation plan and a 5-Part Blueprint for the future. Who's in? @NewfoundGroup @Houwzer @Trelora @HomeRise @Inman @WSJ @nytimes @TheEconomist @FortuneMagazine
linkedin.com/pulse/open-lett…
Newfound Group retweeted
Single-family rental businesses or “SFRs” have often been called “the big bad wolf.” @MikeMaherPHL had a hot take at the Blue Print conference that might suggest otherwise…
#AffordableHousing #SFR
Newfound Group retweeted
With interest rates at 7%, homeownership is still a great way to create generational wealth 📈
Let's encourage builders to continue to build so we can make sure everyone has the opportunity to benefit from homeownership.
#GenerationalWealth #Homeownership #InterestRates
Newfound Group retweeted
The average interest rate in America over the last 30 years? 8%
We’re still below that. Money may not be “free” anymore, but homeownership remains as a great option for creating generational wealth.
#HomeOwnership #InterestRates #GenerationalWealth
Newfound Group retweeted
I'm excited to share "Newfound's Perspective on the NAR Settlement and the Path Towards Industry Transformation." @NewfoundGroup @Houwzer @Trelora @HomeRise @WSJ @nytimes @Inman @bizjournals @NicoleFriedman
linkedin.com/pulse/newfounds…
As we stand at the brink of this industry-wide transformation, every real estate brokerage faces a pivotal decision: to wholeheartedly adopt the essence of this settlement or reluctantly push back.
We choose wholehearted adoption.
I'm excited to share "Newfound's Perspective on the NAR Settlement and the Path Towards Industry Transformation." @NewfoundGroup @Houwzer @Trelora @HomeRise @WSJ @nytimes @Inman @bizjournals @NicoleFriedman
linkedin.com/pulse/newfounds…
Newfound Group retweeted
Thanks, @NicoleFriedman & @WSJ, for including @NewfoundGroup in your recent coverage on the future of buyer agent commissions. @Houwzer @Trelora & @HomeRise are here to stay. Stay tuned for our official statement later this week.
wsj.com/real-estate/a-look-i…
The average interest rate in America over the last 30 years? 8%
We’re still below that. Money may not be “free” anymore, but homeownership remains as a great option for creating generational wealth.
#HomeOwnership #InterestRates #GenerationalWealth
With interest rates at 7%, homeownership is still a great way to create generational wealth 📈
Let's encourage builders to continue to build so we can make sure everyone has the opportunity to benefit from homeownership.
#GenerationalWealth #Homeownership #InterestRates
Single-family rental businesses or “SFRs” have often been called “the big bad wolf.” @MikeMaherPHL had a hot take at the Blue Print conference that might suggest otherwise…
#AffordableHousing #SFR
Newfound Group retweeted
Hey, @elonmusk, I've been 'eating glass and staring into the abyss' for almost a decade now w/ @Houwzer and now @NewfoundGroup. The tides are turning, and now is the time to transform another behemoth industry in service of the customer. You in?
linkedin.com/pulse/open-lett…
It's time to usher in a pro-consumer real estate model.
Our CEO @MikeMaherPHL recently published a blueprint for what real estate reform should look like, leading with consumer savings at the top.
What do you think?
I'm excited to share an Open Letter to the Real Estate Industry outlining a pro-consumer reformation plan and a 5-Part Blueprint for the future. Who's in? @NewfoundGroup @Houwzer @Trelora @HomeRise @Inman @WSJ @nytimes @TheEconomist @FortuneMagazine
linkedin.com/pulse/open-lett…
Newfound Group retweeted
Honored to be selected by @Inman for its 2023 Best of PropTech Award in the #entrepreneurs category. All the credit goes to the employees (past, present, and future) who helped get us here. Excited to keep pushing industry transformation forward!
@NewfoundGroup @Houwzer @Trelora
Newfound Group retweeted
The first domino has fell.
“Inflated commissions have plagued the American consumer for far too long. The entire system has been set up to preserve brokerage commissions as opposed to preserving consumer equity.” @NewfoundGroup @Houwzer @Trelora @TryHomie
newfoundgroup.com/sitzer-bur…
Newfound Group retweeted
Our purpose at @Houwzer and @Trelora has always been a north star to guide us. Thanks #RealLeaders for the inclusion on the #impact awards list (#115 out of #300 and #4 in Real Estate) alongside @BOMBAS, @WarbyParker, @cotopaxi real-leaders.com/ypo-spring-…
Newfound Group retweeted
Excited 2 share @Houwzer's #acquisition of @Trelora. We intend to transform the #RealEstate industry in service of the customer. Thanks @Dalrymple @Inman for the coverage. @edisonventure @AdmiralCapital @zabusky @DanHerscovici @montyfmoran @GAustinAllison inman.com/2022/12/13/flat-fe…
Newfound Group retweeted
Houwzer, one of the region's fastest-growing companies, said the cooling real estate market played a role in the acquisition. It will continue to look for acquisition opportunities. bizjournals.com/philadelphia…
