Fathom Realty(FTHM) - 2023 Q1 - Earnings Call Transcript
Fathom Realty(FTHM)2023-05-11 07:04
While the first quarter is typically the slowest quarter for transactions and was a challenging quarter for residential real estate overall, we're encouraged by some recent signs of stabilization across our markets, along with the moderation in interest rates during the quarter to improve housing affordability. It's interesting to see that even in this market, 60% of listings are still selling within 30 days and 28% are still seeing multiple offers. While we don't know where interest rates will go this year ...