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Country Real Estate Market Remains Strong Despite Downturn Of Urban/ Suburban Market

Press Room
Country Real Estate Market Remains Strong
Despite Downturn of Urban/Suburban Market
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August 1, 2006 – KANSAS CITY, Mo. – Country and micropolitan real estate markets remain strong despite the declining numbers being reported in more highly populated urban and suburban areas of the nation according to United Country Real Estate, the only national real estate franchise system specializing in residential, farm and ranch, commercial and recreational properties located in America’s small cities and towns.

“The media reports of bursting bubbles and blooms falling in regard to the real estate market simply don’t apply to what is happening in rural America,” says Lou Francis, president of United Country. “Our sales numbers year-to-date in 2006 show steady improvement over our record-setting sales in 2005.”

Statistics released by Carl Hopkins, chief financial officer for United Country, indicate that the second quarter of 2006 set several records for the national franchise system. Reports indicate that second quarter sales volume was up 40 percent and average sale price increased 19 percent over the same quarter in 2005. Additionally, April, May and June all represented individual record-setting months for United Country with May 2006 recording the largest sales figures in company history.

“Whether you’re looking at unit transactions, sales volume, gross commissions or average sale price, real estate activity continues to be strong in rural and micropolitan America,” Francis states.

In terms of organizational growth, United Country added 29 new franchise offices during the second quarter of 2006, bringing the total to 565 franchises in 36 states. This represents a 19 percent network growth in the past 12 months.

With a heritage dating back to 1925, United Country Real Estate offers a national database of properties at www.unitedcountry.com. During the first six months of 2006, this award-winning website averaged 771,000 visitor sessions and 22 million page views per month.

2820 NW Barry Road, Kansas City, MO 64154
816-420-6200  www.unitedcountry.com

Members of the media needing information on United Country or our marketplace, contact
Angela Smith, Public Relations & Social Media Manager
Phone: 816.620.6241 or Email: asmith@unitedcountry.com
All materials contained as part of United Country's website cannot be broadcast, duplicated,
edited, manipulated or published without permission.

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