This week on the RealTrending podcast, Tracey sits down with Steve Murray, founder of RealTrends and a senior advisor to HousingWire. <br /><br />Steve joins us to discuss the current state of mergers and acquisitions in real estate, how market changes are impacting broker valuations, and the growing shift toward team-based brokerage models. He also shares his predictions for President Trump’s impact on the housing market in 2025 and breaks down the challenges posed by government regulations on housing affordability. <br /><br />Here’s what you’ll learn: <br /><br />Most national companies have stepped back from significant acquisitions for the time being. <br />Local brokerage companies are now more active in M&A. <br />Commission compression is a growing concern for brokers. <br />Team-based models are proving to be more profitable than traditional brokerages. <br />Government regulations significantly impact housing affordability. <br />