Trending News: December 13, 2023

Fathom sets eyes on raising more than $7M by hiking agent fees and selling shares, while mortgage rates edge up on a surprisingly strong jobs report. Plus - mythbuster! No, Wall Street investors have not bought 44% of homes in 2023, despite the social media rumors.

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Show Notes

Fathom out to raise more than $7M by hiking agent fees, selling shares: The agent fee increases the flat-fee brokerage previously implemented for 2023 haven’t stopped Fathom from growing, with Sept. 30 agent count up 13% from a year ago, to 11,333. Read more

No, Wall Street investors haven’t bought 44% of homes this year: Despite what you see on social media, this housing myth is easily disproved. Read more

Mortgage rates edge up on surprisingly strong jobs report: Employers added 199,000 workers to their payrolls in November, a sign that the economy may achieve a soft landing but making Fed spring rate cuts less likely. Read more

Music by: Gloria Tells from Epidemic Sound

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