RE/MAX Network Again Tops Metro Chicago Real Estate Market
RE/MAX agents once again led the Lake County residential real estate market during 2008, representing either the buyer or seller in 3,110 home sale transactions, according to sales data available for Lake County through Midwest Real Estate Data, LLC (MRED). Since 1989, RE/MAX has ranked number one in the metropolitan Chicago real estate market based on residential listings sold.
“In a challenging environment for Illinois real estate sales, RE/MAX agents continue to demonstrate their skills and commitment,” said Jim Merrion, regional director of the RE/MAX Northern Illinois real estate network.
RE/MAX agents listed 1,656, or 27.6 percent, of all residential properties sold in Lake County during 2008. They also led the county in buyer representation, assisting buyers with 1,454 transactions.
Home sales reported by MRED in Lake County during 2008 totaled 6,000, a 26 percent decrease from the 8,100 homes sold in 2007.
The top five real estate organizations in Lake County during 2008, in terms of listings sold, were RE/MAX with 1,656 (27.6 percent), Coldwell Banker with 994 (16.6 percent), Century 21 with 632 (10.5 percent), Baird & Warner with 473 (7.9 percent) and GMAC with 458 (7.6 percent). Data maintained by MRED may not reflect all real estate activity in a specific market area.
At the same time, RE/MAX agents led Lake County in buyer representation, closing 24.2 percent of all sales made of listed homes in 2008, topping Coldwell Banker (12.3 percent), Century 21 (11.7 percent), Baird & Warner (8.3 percent) and GMAC (6.8 percent). RE/MAX remained the market-share leader in buyer representation across the metropolitan Chicago real estate market during 2008, completing 16.4 percent of all buyer transactions.
RE/MAX agents once again led the Lake County residential real estate market during 2008, representing either the buyer or seller in 3,110 home sale transactions, according to sales data available for Lake County through Midwest Real Estate Data, LLC (MRED). Since 1989, RE/MAX has ranked number one in the metropolitan Chicago real estate market based on residential listings sold.
“In a challenging environment for Illinois real estate sales, RE/MAX agents continue to demonstrate their skills and commitment,” said Jim Merrion, regional director of the RE/MAX Northern Illinois real estate network.
RE/MAX agents listed 1,656, or 27.6 percent, of all residential properties sold in Lake County during 2008. They also led the county in buyer representation, assisting buyers with 1,454 transactions.
Home sales reported by MRED in Lake County during 2008 totaled 6,000, a 26 percent decrease from the 8,100 homes sold in 2007.
The top five real estate organizations in Lake County during 2008, in terms of listings sold, were RE/MAX with 1,656 (27.6 percent), Coldwell Banker with 994 (16.6 percent), Century 21 with 632 (10.5 percent), Baird & Warner with 473 (7.9 percent) and GMAC with 458 (7.6 percent). Data maintained by MRED may not reflect all real estate activity in a specific market area.
At the same time, RE/MAX agents led Lake County in buyer representation, closing 24.2 percent of all sales made of listed homes in 2008, topping Coldwell Banker (12.3 percent), Century 21 (11.7 percent), Baird & Warner (8.3 percent) and GMAC (6.8 percent). RE/MAX remained the market-share leader in buyer representation across the metropolitan Chicago real estate market during 2008, completing 16.4 percent of all buyer transactions.
