Sold Sign Blog

RE/MAX Housing Report: Home Prices, Sales & Inventory Improve

Low inventory has characterized the housing recovery for several months, but may be finally showing signs of improvement.  The number of homes for sale in April inched 1.6% higher than the number seen in March, the first monthly increase since June 2010.  At the same time, Closed Transactions and Median Prices both remained 10% higher than last year’s levels. The April RE/MAX National Housing Report, a survey of MLS data from 52 U.S. metropolitan areas, contained signs of a strong housing recovery in regions across the country.  Low inventories contribute to a limited growth in sales, preventing some buyers from closing on the home of their choice.  But if inventories can rise to a more balanced level, the recovery should strengthen and experience even more home sales. The Months Supply of homes for sale at April’s pace of sales was just 3.6 months, the lowest supply since the RE/MAX National Housing Report began in August 2008.   A balanced market is achieved with a Months Supply of 6.

The above is an excerpt from the monthly RE/MAX National Housing Report; read the full two-page report.

April Top 25 Reports Now Available!

RE/MAX North Central is pleased to share our Top 25 Reports for April 2013!  These reports share our top 25 teams and individuals in transactions and commissions in Minnesota and Wisconsin. Download the reports on SoldSignBlog.com or LeadStreet.

If you rank on the Top 25 list be sure to share this news with your prospective clients – download, print and share them today!

Please note: The regional Top 25 Reports are based on information provided by our RE/MAX offices.  If you have questions or concerns regarding your ranking, please contact your Office Administrator or Office Manager.

“The RE/MAX Collection” Unveils Stand-Alone Luxury Website

Beginning today, buyers and sellers will enjoy a new experience on the elite luxury resource website, TheREMAXCollection.com. Marked by its distinctive onyx and silver logo, the newly constructed site features high-end U.S. listings with a clean, simple design.

More than just a new look, the stand-alone site focuses on home buyers and seller’s discerning needs – simple search functions, breathtaking photography and easy navigation.

“The unparalleled tools and resources available to our clients confirms our dedication to customer service and allows for an exclusive experience,” said Mike Reagan, Senior Vice President, RE/MAX Business Alliances. “Visitors to The RE/MAX Collection website can easily find local RE/MAX agents who have the Certified Luxury Home Marketing Specialist training, as well as fine homes and luxury properties.”

The RE/MAX Collection is a unique marketing program for luxury homes, created to appeal to home buyers and sellers as they navigate the high-end property market.  The program also provides RE/MAX luxury specialists with exclusive training and marketing tools that allow them to deliver premier service to their clients.

“Properties that qualify based on price point for TheREMAXCollection.com website are also featured on remax.com, offering exposure on two high traffic web platforms,” comments Vice President of RE/MAX North Central Promotions, Elizabeth Kuhn. “The more exposure we can offer our agents’ luxury listings, the better.”

For more information about The RE/MAX Collection, please visit www.theremaxcollection.com.