Inman Honors Thomas Ma, Founder of Real Messenger, in the Entrepreneur Category of the Best of Proptech Awards 2024
Recognition of Thomas Ma: Thomas Ma, Founder of Real Messenger Corporation, has been awarded the 2024 Best of Proptech Award in the Entrepreneur category by Inman for his innovative contributions to real estate technology, marking his second consecutive win.
Impact of Real Messenger: Real Messenger is transforming the real estate industry by connecting agents and consumers through a social platform, allowing for greater engagement and networking, and has recently gone public on Nasdaq.
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U.S. Stock Market Performance: U.S. stocks opened lower with the Dow Jones dropping over 100 points, while the NASDAQ and S&P 500 also experienced declines.
Sector Movements: Health care shares increased by 0.2%, whereas consumer staples stocks fell by 1.2%.
Jobless Claims and Economic Indicators: Initial jobless claims rose to 235,000, exceeding market expectations, while existing home sales increased by 2% in July.
International Market Trends: European shares showed mixed results, and Asian markets closed variably, with Japan's Nikkei 225 and Hong Kong's Hang Seng both declining.
Oversold Stocks Opportunity: The real estate sector has several oversold stocks, such as La Rosa Holdings and Real Messenger Corp, which are considered undervalued based on their low RSI values (below 30), indicating potential buying opportunities.
Recent Stock Performance: La Rosa Holdings' stock dropped 41% recently, closing at $0.24 with an RSI of 25.1, while Real Messenger Corp's stock fell 19% over the month, closing at $1.73 with an RSI of 28.5.

Recognition of Thomas Ma: Thomas Ma, Founder of Real Messenger Corporation, has been awarded the 2024 Best of Proptech Award in the Entrepreneur category by Inman for his innovative contributions to real estate technology, marking his second consecutive win.
Impact of Real Messenger: Real Messenger is transforming the real estate industry by connecting agents and consumers through a social platform, allowing for greater engagement and networking, and has recently gone public on Nasdaq.







