Tuesday, January 22, 2013

ENTREPRENEUR'S #1

RE/MAX has been named the #1 real estate franchise in Entrepreneurmagazine's 2013 Freanchise 500, based on a comparision of financial strength, stability, growth rate and size.

At No. 158 overall, RE/MAX was ranked: 88 places ahead of the second ranked real estate franchise, Weichert Real Estate 118 places in front of third ranked Realty Excutives 213 slots before Keller Williams 215 and 253 places higher that ERA and Better Homes & Gardens.

Absent from Entrepreneur's rankings are Realogy's two largest franchises, Century 21 and Coldwell Banker.

Other reasons you should chose Re/MAX:

RE/MAX agents had the highest productivity among major agents with major U.S. franchises in the 2012 Real Trends 500 report.

RE/MAX has No. 1 market share in the U.S. and Canada. Nobody in the world sells more real estate than RE/MAX.

RE/MAX is the most recognized name in real estate.

Visit us at www.HomesInDurango.com to find your special piece of Durango real estate.

Thursday, January 17, 2013

IS THE BUYER'S MARKET DONE?

Looking back at 2012 we see that, as the year progressed, so did home sales. The number of La Plata homes sold in the second half of the year exceeded fist half by about 20% and the median price increased 3% topping out at $304,950 by year's end. Overall, 834 properties sold in 2012, 16% more than in 2011.

The Colorado Association of Realtors also released statewide data showing a median price increase of 10% compared to 2011 together with a 15% increase in the number os sales. Sellers appear to be on the sidelines waiting for prices to increase thereby decreasing available inventory. Escalating sales volume, increasing home prices and decreasing inventory can only lead to this conclusion; the buyer's market is rapidly ending.

If Durango real estate is in your future, now is the time to act.

Visit us at www.HomesInDurango.com