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Follow on Google News | Sales figures for Howard Hanna climb in MayHoward Hanna reports sales increases in all markets during May.
By: Howard Hanna Real Estate Services In Cleveland, Akron/Canton, Howard Hanna Real Estate Services reports a 55% increase in written sales volume during the month of May over the same time period last year. Written sales volume was $349,771,865. In Harrisburg/Central PA, Howard Hanna Real Estate Services reports a 56% increase in written sales volume during the month of May over the same time period last year. Written sales volume was $14,390,609 In Erie, Howard Hanna Real reports an 18% increase in written sales volume during the month of May over the same time period last year. Written sales volume was $19,014,050. In the Mahoning Valley region of Ohio, Howard Hanna reports a 17% increase in written sales volume during the month of May over the same time period last year. Written sales volume was $16,405,030. According to Howard Hanna president Helen Hanna Casey and Howard Hanna Ohio president Howard W. ‘Hoby’ Hanna, IV, “the market has rebounded due to the pent up demand of ‘move-up’ buyers who didn’t really buy in the last three years. In the past 90 days, however, we’ve seen the most activity from this demographic. “Additionally, interest rates on 30-year fixed rate mortgages remain at the lowest they’ve been in five decades and with rates at 4.50%, buyers can afford a bigger home to accommodate their family or for a move to better neighborhood or to finally buy their dream home,” they added. And Casey also noted that in Pittsburgh, the strong economy has fueled the increased movement of corporate relocation transferees to the region, most noticeable with Westinghouse, the Marcellus shale industry and UPMC and healthcare. Howard Hanna reports a 31% increase in total written sales volume during the month of May over the same time last year. Total written sales volume for the company was $623,646,265 compared to $474,119,005 last year. Howard Hanna Real Estate Services is the #1 real estate company in Pennsylvania and Ohio and the 4th largest real estate company in the United States. With 133 offices across Pennsylvania, Ohio, New York and West Virginia, Howard Hanna has more than 4,700 sales associates, management and staff. Howard Hanna is a full-service real estate company specializing in residential and commercial brokerage service, mortgages, closing and title insurance, land development, appraisal services, insurance services and corporate relocation. End
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