Tag Archives: RE/MAX

Annual home price and sales gains continued their streak in June, increasing on a yearly basis for the 17th straight month, according to RE/MAX's monthly housing report.

RE/MAX of New Jersey Inc. has selected EverBank as a preferred lender, the companies announced jointly.

Both home sales and prices rose at double-digit rates above May 2012, and inventory is showing signs of stability, RE/MAX reported.

When it comes to real estate brand recognition, RE/MAX tops the list, according to a third-party survey completed in March. The survey, done by MMR Strategy Group between November 2012 and March 2013, asked homebuyers, sellers, and those planning to buy or sell to name a real estate brand without prompting.

RE/MAX announced the launch of the RE/MAX Collection, a new luxury resource website offering high-end U.S. listings.

According to RE/MAX's data, taken from a survey of multiple listings service (MLS) data from 52 U.S. metro areas, the months' supply of homes for sale at the April's sales pace was 3.6 months--the lowest supply since the National Housing Report began in August 2008. However, the company observed a monthly increase in April in the overall number of homes for sale--the first since June 2010. In addition, the year-over-year percentage drop in inventory was 26.6 percent, the lowest annual drop in the last 12 months.

According to RE/MAX's National Housing Report for March, closed transactions climbed 27.8 percent month-over-month, starting the selling season off strong. Year-over-year, sales were up 2.9 percent, making March the 21st straight month to see higher sales than the previous year. Months Supply of homes fell to 3.8 in March, down 29.5 percent year-over-year and the lowest level recorded since RE/MAX's National Housing Report began in August 2008.

RE/MAX's latest report shows home sales rose 0.9 percent month-over-month and 2.3 percent year-over-year. The median home price also increased, rising to $160,500--3.5 percent above January and 7.0 percent above February 2012. RE/MAX CEO Margaret Kelly said today's low prices and low interest rates create "an attractive combination that most of us will never see again in our lifetimes." Meanwhile, inventory remains a major concern as the spring selling season dawns.

RE/MAX agents in the United States reported nearly 840,000 transaction sides last year--a 12 percent increase over 2011, the agency reported Tuesday. More notably, individual productivity within the RE/MAX network rose 15 percent to an average of 16.3 transaction sides per agent.

Even as the market heads into its slow season, sales numbers continued to stand well above their year-ago level in November, according to RE/MAX's latest National Housing Report. The report shows home sales were up 15.7 percent year-over-year in November, the second highest annual increase this year. Prices also rose: The median price for homes sold in November was $163,750, 3.6 percent higher than October and 6.9 percent higher than November 2011. November is the 10th straight month to experience year-over-year price gains.