Follow on Google News News By Tag Industry News News By Location Country(s) Industry News
Follow on Google News | MRED Real Estate Brokers Partying Like It’s 2007MRED Reports 2013 Sales Dollar Volume Largest in Six Years
By: Midwest Real Estate Data To date MRED sold real estate volume for 2013 totals over $24 billion resulting from nearly 103,000 closed transactions, surpassing all of 2012. MRED has not seen dollar or transaction volumes like this since 2007. Chicago and the surrounding nine counties have experienced double-digit percentage gains from a year ago. The Chicagoland area has seen eight months of year-over year sales and median price gains. All indicators point in the same direction: a strong housing market. “This confirms what we all already had a good sense of – real estate is back,” said MRED CEO Russ Bergeron. “The numbers don’t lie. Not only are Realtors® busier than they’ve been in years, sellers are benefiting from the hotter market with increased home values. Assuming nothing takes our economy wildly off track, I see nothing but a very positive future for those in the real estate industry and those who own real estate.” About MRED Midwest Real Estate Data (MRED) (http://www.mredllc.com) is the real estate data aggregator and distributor providing the Chicagoland multiple listing service (MLS) to nearly 40,000 brokers and appraisers and 8,000 offices. MRED (http://www.mredllc.com) End
Account Email Address Account Phone Number Disclaimer Report Abuse
|
|