Real estate giant predicts slow home sales for months to come

Real estate giant predicts slow home sales for months to come

A story running in the LATimes points out that shares in Realogy Holdings Corp., the company that owns major real estate brokerage firms like Coldwell Banker, Century 21 and Sotheby’s, are not doing well, tumbling more than 8% on Monday. The plunge came in the wake of an announcement by the New Jersey firm that it expects the “slow housing market to continue.” 

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