But RE/MAX vice-president cites cyclical nature of real estate market
RE/MAX Holdings Also Announces Amendment of Credit Agreement That Increases Capacity and Reduces Borrowing Costs Proceeds From New Term Loans to be Used to Repay Existing Indebtedness and Fund RE/MAX INTEGRA North American Regions Acquisition DENVER , July 21, 2021 /PRNewswire/ -- RE/MAX Holdings, Inc. (the "Company" or "RE/MAX Holdings") (NYSE: RMAX ), today announced that RE/MAX, LLC, one of the world''s leading franchisors of real estate brokerage services, has completed its previously announced purchase of the North American regions of RE/MAX INTEGRA. With the sale now closed, more than 19,000 agents (approximately 12,000 in Canada and 7,000 in the U.S.) and more than 1,100 independently owned and operated RE/MAX offices are now in the growing group of RE/MAX, LLC Company-Owned Regions (COR). "We are delighted to complete this landmark regional acquisition," said Adam Contos , RE/MAX Holdings CEO. "The addition of these strategic and geographically desirable regions enhances our ability to continue to scale, brings many attractive growth opportunities and simplifies our operational structure by creating greater efficiencies.
Summary List Placement The pandemic unchained Americans from their office desks and sent rental vacancies in big cities like New York and San Francisco climbing. In an attempt to curb the free fall, a record share of landlords slashed rent prices and offered concessions like months off rent and waived application fees to lure tenants back in. But good luck finding those concessions or vacancies now. Average national monthly rent surpassed $1,500 in June for the first time, according to a new release from the National Apartment Association . Occupancy is also at 96.5%, the highest it''s been in 20 years. Rent increases year to date are also starkly higher than in the past: The rental website Apartment List found that the median apartment rent in the US rose 9.2% through the first six months of 2021. Typical first-half growth was previously 2 to 3%, Insider''s Ben Winck reported , citing Apartment List. The frenzy, in part, is because of an overheated real-estate sales market. Millions of Americans have tried to scoop up homes over the past year and now they''re getting completely shut out because of record-low inventory, sky-high prices, and intense competition marked by bidding wars pushing those flush with cash to offer up to $1 million over asking prices .
The headquarters of the real estate brand have relocated to a state-of-the-art, centrally located new space. The post New premises for RE/MAX Malta regional office appeared first on Newsbook .
The Law School of the Babes-Bolyai University in Cluj has bought Opera Plaza hotel in the city in a RON 40 M transaction brokered by RE/MAX Romania. The property is one of the most imposing buildings in the citys historical district, being the first five-star hotel ever commissioned in Cluj-Napoca. Stretching on a 8,000-sqm area, 
New data recently released by a RE/MAX national housing report says the Dallas-Fort Worth area has broken a record and surpassed the $350,000 dollar average price for a home.
Troy-based RE/MAX of Southeastern Michigan, a leading real-estate business, has just promoted the first woman to possess the title of president and regional director, Jeanette Schneider. Jeanette is an accomplished real estate executive who continues to grow and strengthen our region, said Magnus Sublett, owner and chief executive officer, RE/MAX of Southeastern Michigan. She is a passionate  The post RE/MAX of Southeastern Michigan Names Jeanette Schneider New President, Regional Director appeared first on DBusiness Magazine .
RE/MAX''s proprietary First® app was a first-place winner in the Products & Services Innovation Awards grouping in the 3rd annual Franchise Innovation Awards contest hosted by
RE/MAX CEO Adam Contos talked to Inman about low inventory, commission splits and what agents need to be focusing on in 2021.
Re/Max is slimming down the square footage of its Denver Tech Center headquarters as the company embraces flexible work arrangements for its employees.
RE/MAX CEO Adam Contos is betting on data and encouraging all real estate professionals to do the same for a competitive advantage.
RE/MAX has released its National Housing Report for May 2021 that shows the typical spike in sales this time of year did not happen there was a 0.2 percent drop from April and relatively unchanging home prices in the 53 metro areas covered. Another broken trend was the 7.1 percent drop in listed homes  The post Metro Detroit Leads Nation in Real Estate Closings, Price Increase in RE/MAX Report appeared first on DBusiness Magazine .
Photo: Nancy Oliver, chair of the special events committee and member of the Eds House Foundation (left) with signature sponsor Tony Pulla, RE/MAX Lakeshore Realty Inc. (right) Community Care Northumberlands signature Handbags for Hospice event raised a total of $18,200 for Eds House Northumberland Hospice Care Centre, CCNs hospice centre that opened in September of  The post Handbags for Hospice Raises Over $18,000 for Eds House appeared first on Today''s Northumberland - Your Source For What''s Happening Locally and Beyond .
Rating Action: Moody''s affirms RE/MAX''s Ba3 CFR and assigns Ba3 rating to new credit facility; outlook remains stable Vollständigen Artikel bei Moodys lesen
Canmores housing market is experiencing a spike in prices with one realtor attributing much of it to a COVID state of mind. A report from Re/MAX looking into recreational property prices across Canada shows the average price of non-waterfront properties in the community west of Calgary have increased by 26 per cent between 2019 and 
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