|
Country Real Estate Market Remains
Strong
Despite Downturn of Urban/Suburban
Market
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.
NATIONAL
HEADQUARTERS
2820 NW Barry Road, Kansas City, MO
64154
816-420-6200 www.unitedcountry.com |
