Riding two trends—declining sales and growing inventory— the U.S. housing market continued to transition from a seller’s market to a buyer’s market in February, according to the RE/MAX National Housing Report.
RE/MAX Holdings, Inc. (NYSE: RMAX), parent company of RE/MAX, one of the world’s leading franchisors of real estate brokerage services, today announced a strategic alliance with Redfin (NASDAQ: RDFN), the technology-powered real estate brokerage.
Leading the world’s fastest growing real estate franchisors, Denver-based RE/MAX, LLC, tops other real estate franchises in Entrepreneur magazine’s 2019 Top Fastest Growing Franchises list.
A sixth consecutive month of declining home sales in January contributed to the largest year-over-year inventory increase in at least 10 years, according to the RE/MAX National Housing Report.
RE/MAX Holdings, Inc. announced the promotions of Josh Bolgren to Senior Vice President, Business Growth; Brett Ritchie to Senior Vice President, Chief Accounting Officer; and Roy E. Schwalm, III, to Senior Vice President, Finance and Strategy.
December’s declining home sales and growing inventory solidified 2018 as the year the red-hot seller’s market moved toward a balanced market. Price growth also moderated, though December was the 33rd consecutive month of year-over-year increases in home prices,...