- For years, the company has faced problems like an intensification of competition for agents, but this has eased in September and October.
- While very promising, it’s too early to say whether this is a sea change in the market.
- On the other hand, the company has kept on generating cash even with strong headwinds, and it has embarked on new growth initiatives, cost-cutting and substantial deleveraging.
- The shares are still not expensive.
Source: Realogy Benefitting From Growth Initiatives And Less Agent Competition – Realogy Holdings Corp. (NYSE:RLGY) | Seeking Alpha
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