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RE/MAX of Southeastern Michigan Ranks No. 1 in Home Sales


News provided by

RE/MAX of Southeastern Michigan

Oct 22, 2012, 08:30 ET

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NORTHVILLE, Mich., Oct. 22, 2012 /PRNewswire/ -- Home sales are on the rise throughout metro Detroit and no real-estate company knows this better than RE/MAX of Southeastern Michigan (RE/MAX) .  For the sixth consecutive year, RE/MAX is top in home sales for Oakland, Wayne and Macomb counties.   

According to data from the Multiple Listing Service (MLS), RE/MAX sold more than 11,000 homes (an 18 percent market share) in Oakland, Wayne and Macomb counties from January 1, 2012 through September 30, 2012.  Its closest competitor sold just under 6,500 homes (a 10 percent market share) during this same time period.   

"We are pleased to once again rank top in home sales for metro Detroit," said Jeanette Schneider, vice president of RE/MAX of Southeastern Michigan.  "We are very optimistic about the housing market right now.  Home sales and prices are up throughout the region and homes are on the market for fewer days."

To meet the demand of a stronger housing market, several local RE/MAX offices are expanding their locations this year, including Dearborn Heights, Northville, Oxford, Rochester and Shelby Township. 

"What we are experiencing right now is pent-up buyer demand," continued Schneider.  "During the recession, many home sellers and buyers put their plans on hold.  With favorable interest rates and an improving economy, all of that is finally changing.  There is great demand right now for homes in good condition."

About RE/MAX of Southeastern Michigan

A leader in metro Detroit real estate, RE/MAX of Southeastern Michigan covers Oakland, Macomb and Wayne counties.   With more than 700 sales associates and 43 offices, RE/MAX of Southeastern Michigan has helped thousands of Michigan families with their home buying and selling needs.  For more information, visit www.remax-detroit.com.

About RE/MAX

RE/MAX of Southeastern Michigan is licensed through RE/MAX Regional Services (RRS), which also includes franchises in Georgia, Tennessee, Kentucky and southern Ohio.  The company is part of RE/MAX, the No. 1 global real-estate brand.

RE/MAX Regional Services was founded in 1978 by Howard McPherson.  The company provides outstanding support to the more than 300 offices and nearly 4,000 agents in its five regions. RRS ensures its real-estate professionals have the leading technology, the most advanced training, and the highest level of expertise to best serve the homebuyers and sellers in their communities.

SOURCE RE/MAX of Southeastern Michigan

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