Chris Schwartz - RE/MAX North Central
3800 American Blvd West, Suite 740 Bloomington, MN 55431
(952) 897-0447 - T
(952) 897-0448 - F
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RE/MAX Releases National Housing Report (October 2013 Data)
Home Prices Continue Rising, Sales Steady- OCTOBER 2013 HOUSING DATA
The October RE/MAX National Housing Report found a 2.8% monthly decrease in sales, but also found a 2.2% increase from sales in October last year. October becomes the 28th consecutive month reporting higher sales than the same month in the previous year. For the most part, normal seasonal trends are responsible for slowing month-to-month changes in home sales. Of the 52 metro areas surveyed in October, 35 reported higher sales than in October 2012, with 19 reporting double-digit gains.
» View the complete National Housing Report
RE/MAX Expands in Asia with Entry to Japan
DENVER – RE/MAX, LLC has sold the master franchise rights for the country of Japan, the world’s third-largest economy. This addition increases the significant RE/MAX presence in Asia, further solidifying the largest global reach of all U.S. real estate franchises.The newly formed region, RE/MAX Japan, is owned by Generation Group, LLC, which has a leadership team experienced in real estate and finance. They are poised to expand the RE/MAX network throughout the island nation of more than 126 million.
“RE/MAX is an extraordinary brand that is recognized and respected around the world,” said John Fou, Managing Member of Generation Group, LLC. “We are proud to be part of a talented team that will bring RE/MAX professionalism and quality customer service to the people of Japan.”
RE/MAX welcomes Japan to an expansive international footprint that extends throughout Europe, South America, Africa, Australia, China and beyond. This week, the RE/MAX Japan ownership group is joining other regional owners for the first annual RE/MAX Pacific Rim Summit, being held in Hong Kong. Attendees represent nine countries in the region with RE/MAX tenure ranging from recent launch to more than 10 years.
“We’re incredibly pleased to bring the RE/MAX level of customer service to the current and future homeowners of Japan,” said Margaret Kelly, RE/MAX CEO. “We found the perfect leadership team and we’re honored to have them attend the RE/MAX Pacific Rim Summit to experience our commitment to franchisee support.”
The RE/MAX Global Franchise and Business Solutions team will spend the next several months training the new region owners on the RE/MAX system in preparation for the opening of the first office in Japan in early 2014.
RE/MAX National Housing Report Video- October 2013
RE/MAX No.1 Among Real Estate Franchises
DENVER – For the fifth consecutive year, RE/MAX, LLC ranked as the leading real estate franchise organization in the
Franchise Times Top 200. The survey is based upon annual worldwide sales.
In the 2013 Top 200 ranking, RE/MAX placed 14th among all franchises, gaining two places over its standing last year. RE/MAX also ranked 6th among the Top 200 franchisors for sales growth. In the overall standings, the top ranked franchises were McDonald’s, 7-Eleven, KFC, SUBWAY and Burger King.
“To be recognized among these well-respected brands is truly an honor,” said Margaret Kelly, RE/MAX CEO.
“As we continue to celebrate 40 years of helping homebuyers and sellers achieve their dream of home ownership, this confirms the outstanding productivity of RE/MAX agents around the world.” This year marks the 40th anniversary for RE/MAX and the 35th anniversary of its iconic hot air balloon logo. Buoyed by the U.S. housing recovery and improving economic conditions worldwide, the global franchisor now enjoys an international footprint in more than 90 countries and a growing agent count of more than 90,000.
“Our success as a top franchisor is a direct reflection of our hardworking and talented Sales Associates around the world,” Kelly said.
“They proudly provide a high level of customer service, and that results in increasing sales performance.”
Throughout 2013, RE/MAX has been recognized as an industry leader in a variety of real estate surveys. RE/MAX agents averaged more transaction sides than agents with any other national brand according to the 2013 RIS Media Power Broker Report. And in the 2013 REAL Trends 500 survey, RE/MAX agents averaged 17.1 transaction sides in 2012, compared to the 7.9 average for all other competing agents in the survey.
Among other 2013 recognition, RE/MAX Associates held 98 of the 500 spots in the Wall Street
Journal & REAL Trends “The Thousand” for the most transaction sides. And RE/MAX landed the most agents on the Top 250 Latino Real Estate Agents in the U.S., an annual survey by the National Association of Hispanic Real Estate Professionals.
RE/MAX Releases National Housing Report (August 2013 Data)
Home Selling Season Closes Strong
Sept. 18, 2013 - AUGUST 2013 HOUSING DATA
The 2013 summer selling season ends on a strong positive note, with both home sales and prices significantly higher than last year. August becomes the 19th month in a row that both metrics were higher than the same month in the previous year. August home sales were up 6.5% and the Median Price of $188,450 was 12.9% higher than August 2012. The RE/MAX Housing Report, a survey of MLS data in 52 metropolitan areas, also found that the rate of inventory decline from last year was 17.4%, less than the 20.7% decline observed in July. As inventory returns to a more normal level, home prices will likely stabilize. At the current rate of home sales, the number of months required to move the entire inventory was 4.4, still below the 6 month supply recognized as a market balanced between buyers and sellers.
» View the complete National Housing Report
RE/MAX National Housing Report: Sales, Prices Rise Higher
The July numbers are in and they suggest the housing recovery is in full swing nationwide, with prices and sales up for the 18th month in a row. RE/MAX researches 52 major metropolitan markets and analyzes the data to get a pulse on the US housing market. Here are some highlights from this months report.
» View and download the complete RE/MAX Housing Report (PDF)
RE/MAX North Central Releases July Housing Reports
Here are RE/MAX North Central’s three out-state housing reports for July 2013 covering Greater Northwoods and Northwest, Wisconsin and West Central, Minnesota.
These reports are created with the consumer in mind, focusing on homes sold and average sold price. They are a great tool to download, print off, and share with your clients to assist in their home buying and selling process.
Download and share these consumer-focused reports today. They’re also great for listing presentations and social media!
Greater Northwoods WI | Northwest WI | West Central MN