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John McManus

Verified
Ireland
As seen in: The Irish Times, Apple Podcasts, The New York Times, Financial Times, Forbes, Nature, The Guardian, The Times of India, The Washington Post, The Wall Street Journal, MarketWatch and
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Articles

At $32, Dream Finders-Beazer risk is now double-jeopardy

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By John McManus Verified, John Mcmanus
| HousingWire Verified
[Editor’s note: This is the second of a two-part article in the aftermath of filings this week from Dream Finders Homes and Beazer Homes, as Dream Finders pursues Beazer as an acquisition target. Here’s the link to Part 1]. The surface question in the Dream Finders Homes–Beazer Homes takeover contest is the one everybody is now asking. Is $32 per share enough? What’s thornier for both parties in this “Justify My Love” chapter of the saga is how ably they each contend with what happens next.
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New Zillow Pro tells agents when their contacts start house hunting again

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By Benjamin Wagner, John McManus Verified, John Mcmanus, Richard Lawson, Tracey Velt Verified
| HousingWire Verified
Zillow has rolled out Zillow Pro, a nationwide premium membership designed to give real estate agents direct visibility into their clients’ activity on Zillow and tools to act on those signals. The launch brings Zillow’s consumer data and collaboration tools directly into agents’ day-to-day workflows at a time when home sales are on track for another flat year and mortgage rates hover near 6.5%.
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The $32 Beazer bid is in, now the fight is over standstill terms

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By John McManus Verified, John Mcmanus
| HousingWire Verified
A little more than a month into a hostile homebuilder takeover saga that has not quite reached midsummer, Dream Finders Homes’ pursuit of Beazer Homes is beginning to resemble a Shakespearean tale of unrequited love. The ardent suitor has returned again. And again. The latest offering is richer: $32 per share in cash, up 24% from the $25.75 proposal Dream Finders made public in May and, by the bidder’s calculation, 70% above Beazer’s undisturbed May 8 share price.
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