Traditional models shouldn’t be fully counted out, but they need to change, according to John Campbell. He’s downgraded Realogy’s target share price from $16 per share to $8 per share and lowered RE/MAX’s target stock price from $45 per share to $37 per share.
Source: Inman News
Real estate is at a ‘tipping point,’ analyst says
Published in Analysis, Brokerage, compass, eXp Realty, exp world holdings, ibuyer, Industry News, Investing, Markets & Economy, offerpad, opendoor, realogy, Redfin, Redfin Direct, Select, Stephens and Zillow
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