RE/MAX Continued To Lead Lake County In 2008, Closing More Than 3,100 Home Sale Transactions

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 Continued To Lead McHenry County In 2008, Closing Nearly 1,400 Home Sale Transactions

RE/MAX Network Again Tops Metro Chicago Real Estate Market

RE/MAX agents once again led the McHenry County residential real estate market during 2008, representing either the buyer or seller in 1,396 home sale transactions, according to sales data available for McHenry 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 686, or 24.6 percent, of all residential properties sold in McHenry County during 2008. They also led the county in buyer representation, assisting buyers with 710 transactions.

Home sales reported by MRED in McHenry County during 2008 totaled 2,786, a 26.3 percent decrease from the 3,781 homes sold in 2007.

The top five real estate organizations in McHenry County during 2008, in terms of listings sold, were RE/MAX with 686 (24.6 percent), Coldwell Banker with 433 (15.5 percent), Prudential with 388 (13.9 percent), Century 21 with 273 (9.8 percent) and Baird & Warner with 167 (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 McHenry County in buyer representation, closing 25.5 percent of all sales made of listed homes in 2008, topping Prudential (16.2), Coldwell Banker (10.1 percent), Century 21 (10 percent) and Baird & Warner (6.6 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 Continued Leading Chicago Real Estate Market Based on 2008 Home Sales Activity

The RE/MAX Northern Illinois network was responsible for the sale of more homes in the metropolitan Chicago real estate market than any other brokerage organization during 2008. RE/MAX has maintained the number one position in the Chicago real estate market for the last 20 years.

“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 19.7 percent, or one of every five homes sold during 2008. In the suburban Chicago real estate market, RE/MAX led with a 25.7 percent market share, selling more than one of every four homes.

During the same period, RE/MAX agents represented buyers in 16.4 percent of transactions, including 21.3 percent in the Chicago suburbs, more than any other real estate company.

The data, which was provided by Midwest Real Estate Data, LLC (MRED), also showed that 67,938 residential listings were sold during 2008 in the seven-county metropolitan Chicago real estate market, which includes Cook, DuPage, Kane, Kendall, Lake, McHenry and Will counties. That is 26 percent fewer than the 91,766 homes sold in 2007.

RE/MAX agents listed 13,412 (19.7 percent) of the properties sold. Trailing RE/MAX in market share were Coldwell Banker with 10,292 sales (15.1 percent), Century 21 with 4,428 sales (6.5 percent), Baird & Warner with 3,520 sales (5.2 percent), Prudential with 2,927 sales (4.3 percent), GMAC with 2,856 sales (4.2 percent), @Properties with 1,943 sales (2.9 percent), Realty Executives with 1,707 sales (2.5 percent), Keller Williams with 1,608 sales (2.4 percent) and Rubloff with 786 sales (1.2 percent). Data maintained by MRED may not reflect all real estate activity in the market.

In the metro Chicago real estate market, no one helped more buyers purchase homes than RE/MAX. During 2008, RE/MAX agents led the way with a 16.4 percent market share. Other companies in the top five were Coldwell Banker with 12.3 percent, Century 21 with 7.7 percent, Baird & Warner with 5.4 percent and Prudential with 4.5 percent.

According to MRED data, RE/MAX was the market share leader for listings sold in five of the seven counties, and it led all seven counties in buyer representation. RE/MAX also was the market share leader in more than 200 towns and communities across Chicagoland.

• Cook County - Of the 39,902 listed homes sold in Cook County, RE/MAX was number one in buyer representation with 11.5 percent.


• DuPage County - Of the 7,915 listed homes sold in DuPage County, RE/MAX led with 26.7 percent and was number one in buyer representation with 21.6 percent.


• Elgin Area - Of the 2,459 listed homes sold in the Elgin market area, RE/MAX led with 29 percent and was number one in buyer representation with 26.8 percent. The Elgin market includes the communities of Burlington, Carpentersville, East Dundee, Elgin, Genoa, Gilberts, Hampshire, Hanover Park, Lake Marion, Pingree Grove, Plato, Sleepy Hollow, South Elgin, Streamwood and West Dundee.


• Fox Valley - Of the 1,527 listed homes sold in the Fox Valley market, RE/MAX led with 38.7 percent and was number one in buyer representation with 28.9 percent. The Fox Valley market includes the communities of Batavia, Elburn, Geneva, North Aurora, St. Charles, Sugar Grove and Wayne.


• Greater South Suburbs - Of the 4,038 listed homes sold in the Greater South Suburbs market, RE/MAX led with 24.5 percent and was the leader in buyer representation with 18.1 percent. The Greater South Suburbs market includes the communities of Beecher, Burnham, Calumet City, Calumet Park, Chicago Heights, Country Club Hills, Crete, Dolton, East Hazel Crest, Flossmoor, Glenwood, Grant Park, Harvey, Hazel Crest, Homewood, Lansing, Lynwood, Markham, Matteson, Midlothian, Oak Forest, Olympia Fields, Park Forest, Richton Park, Riverdale, Sauk Village, South Chicago Heights, South Holland, Steger, Thornton and University Park.


• Kane County - Of the 4,070 listed homes sold in Kane County, RE/MAX led with 30.8 percent and was number one in buyer representation with 25.2 percent.


• Kendall County – Of the 1,309 listed homes sold in Kendall County, RE/MAX was number one in buyer representation with 20.7 percent.


• LaGrange - Of the 510 listed homes sold in the LaGrange market area, RE/MAX led with 21.4 percent. The LaGrange market includes the communities of Countryside, Hodgkins, Indian Head Park, LaGrange, LaGrange Highlands, LaGrange Park, McCook, Western Springs and Willow Springs.


• Lake County - Of the 6,000 listed homes sold in Lake County, RE/MAX led with 27.6 percent and was number one in buyer representation with 24.2 percent.


• Lincoln Way – Of the 799 listed homes sold in the Lincoln Way market area, RE/MAX led with 33.5 percent and was number one in buyer representation with 27.3 percent. The Lincoln Way market includes the communities of Frankfort, Green Garden, Manhattan, Mokena, New Lenox and Wilton Center.


• McHenry County - Of the 2,786 listed homes sold in McHenry County, RE/MAX led with 24.6 percent and was number one in buyer representation with 25.5 percent.


• Northwest Suburbs - Of the 6,479 listed homes sold in the Northwest Suburbs market area, RE/MAX led with 27.7 percent and was also the leader in buyer representation at 23.7 percent. The Northwest Suburbs market includes the communities of Arlington Heights, Barrington, Buffalo Grove, Des Plaines, Elk Grove Village, Hanover Park, Hoffman Estates, Inverness, Keeneyville, Mt. Prospect, Niles, Palatine, Park Ridge, Prospect Heights, Rolling Meadows, Roselle, Schaumburg, Streamwood and Wheeling


• O’Hare Suburbs – Of the 592 listed homes sold in the O’Hare Suburbs market area, RE/MAX led with 27.2 percent, while also leading in buyer representation with 18.9 percent. The O’Hare Suburbs market includes the communities of Elmwood Park, Franklin Park, Harwood Heights, Leyden Township, Norridge, Northlake, River Grove, Rosemont and Schiller Park.


• Southwest Suburbs - Of the 3,321 listed homes sold in the Southwest Suburbs market, RE/MAX led with 29.1 percent and was the buyer representation leader with 23 percent. The Southwest Suburbs market includes the communities of Alsip, Blue Island, Bridgeview, Burbank, Chicago Ridge, Crestwood, Evergreen Park, Hickory Hills, Hometown, Justice, Lemont, Merrionette Park, Midlothian, Oak Forest, Oak Lawn, Orland Hills, Orland Park, Palos Heights, Palos Hills, Palos Park, Posen, Robbins, Tinley Park and Worth.


• West Towns - Of the 1,873 listed homes sold in the West Towns market area, RE/MAX led with 21.1 percent and was number one in buyer representation at 16.9 percent. The West Towns market includes Berwyn, Broadview, Brookfield, Cicero, Forest Park, Forest View, Lyons, North Riverside, Oak Park, River Forest, Riverside, Stickney and Westchester.


• Will County - Of the 5,956 listed homes that were sold in Will County, RE/MAX led with 29.2 percent, and it was number one in buyer representation with 22.4 percent.

RE/MAX Continued To Lead Dupage County In 2008, Closing More Than 3,800 Home Sale Transactions

RE/MAX Network Again Tops Metro Chicago Real Estate Market

RE/MAX agents once again led the DuPage County residential real estate market during 2008, representing either the buyer or seller in 3,821 home sale transactions, according to sales data available for DuPage 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 2,110, or 26.7 percent, of all residential properties sold in DuPage County during 2008. They also led the county in buyer representation, assisting buyers with 1,711 transactions.

Home sales reported by MRED in DuPage County during 2008 totaled 7,915, a 25 percent decrease from the 10,553 homes sold in 2007.

The top five real estate organizations in DuPage County during 2008, in terms of listings sold, were RE/MAX with 2,110 (26.7 percent), Coldwell Banker with 1,192 (15.1 percent), Baird & Warner with 462 (5.8 percent), Prudential with 436 (5.5 percent) and Century 21 with 305 (3.9 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 DuPage County in buyer representation, closing 21.6 percent of all sales made of listed homes in 2008, topping Coldwell Banker (13.6 percent), Baird & Warner (6.5 percent), Century 21 (5.4 percent) and Prudential (5.1 percent). RE/MAX remained the market-share leader in buyer representation across the metropolitan Chicago real estate market area during 2008, completing 16.4 percent of all buyer transactions.

RE/MAX Continued To Lead Elgin Area In 2008, Closing More Than 1,300 Home Sale Transactions

RE/MAX Network Again Tops Metro Chicago Real Estate Market

RE/MAX agents once again led the Elgin area residential real estate market during 2008, representing either the buyer or seller in 1,373 home sale transactions, according to sales data available for the Elgin area 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 713, or 29 percent, of all residential properties sold in the Elgin area during 2008. They also led the area in buyer representation, assisting buyers with 660 transactions.

The Elgin market includes the communities of Burlington, Carpentersville, East Dundee, Elgin, Genoa, Gilberts, Hampshire, Hanover Park, Lake Marion, Pingree Grove, Plato, Sleepy Hollow, South Elgin, Streamwood and West Dundee.

Home sales reported by MRED in the Elgin area during 2008 totaled 2,459, a 28.2 percent decrease from the 3,423 homes sold in 2007.

The top five real estate organizations in the Elgin area during 2008, in terms of listings sold, were RE/MAX with 713 (29 percent), Coldwell Banker with 290 (11.8 percent), Prudential with 177 (7.2 percent), Century 21 with 169 (6.9 percent) and Baird & Warner with 133 (5.4 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 the Elgin area in buyer representation, closing 26.8 percent of all sales made of listed homes in 2008, topping Century 21 (10.2 percent), Baird & Warner (7.6 percent), Coldwell Banker (7.3 percent) and Prudential (7 percent). RE/MAX remained the market-share leader in buyer representation across the metropolitan Chicago real estate market area during 2008, completing 16.4 percent of all buyer transactions.

RE/MAX Continued To Lead Greater South Suburbs In 2008, Closing More Than 1,700 Home Sale Transactions

RE/MAX Network Again Tops Metro Chicago Real Estate Market

RE/MAX agents once again led the Greater South Suburbs residential real estate market during 2008, representing either the buyer or seller in 1,720 home sale transactions, according to sales data available for the Greater South Suburbs 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 988, or 24.5 percent, of all residential properties sold in the Greater South Suburbs during 2008. They also led the area in buyer representation, assisting buyers with 732 transactions.

The Greater South Suburbs market includes the communities of Beecher, Burnham, Calumet City, Calumet Park, Chicago Heights, Country Club Hills, Crete, Dolton, East Hazel Crest, Flossmoor, Glenwood, Grant Park, Harvey, Hazel Crest, Homewood, Lansing, Lynwood, Markham, Matteson, Midlothian, Oak Forest, Olympia Fields, Park Forest, Richton Park, Riverdale, Sauk Village, South Chicago Heights, South Holland, Steger, Thornton and University Park.

Home sales reported by MRED in the Greater South Suburbs during 2008 totaled 4,038, a 23.6 percent decrease from the 5,282 homes sold in 2007.

The top five real estate organizations in the Greater South Suburbs during 2008, in terms of listings sold, were RE/MAX with 988 (24.5 percent), Coldwell Banker with 411 (10.2 percent), Realty Executives with 348 (8.6 percent), Chicago Realty Partners, Ltd., with 188 (4.7 percent) and Keller Williams with 149 (3.7 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 the Greater South Suburbs in buyer representation, closing 18.1 percent of all sales made of listed homes in 2008, topping Coldwell Banker (9.9 percent), Century 21 (4.9 percent), Realty Executives (4.5 percent) and Keller Williams (3.2 percent). RE/MAX remained the market-share leader in buyer representation across the metropolitan Chicago real estate market area during 2008, completing 16.4 percent of all buyer transactions.

RE/MAX Continued To Lead Fox Valley In 2008, Closing More Than 1,000 Home Sale Transactions

RE/MAX Network Again Tops Metro Chicago Real Estate Market

RE/MAX agents once again led the Fox Valley residential real estate market during 2008, representing either the buyer or seller in 1,033 home sale transactions, according to sales data available for the Fox Valley 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 591, or 38.7 percent, of all residential properties sold in the Fox Valley during 2008. They also led the area in buyer representation, assisting buyers with 442 transactions.

The Fox Valley market includes the communities of Batavia, Elburn, Geneva, North Aurora, St. Charles, Sugar Grove and Wayne.

Home sales reported by MRED in the Fox Valley during 2008 totaled 1,527, a 25.3 percent decrease from the 2,043 homes sold in 2007.

The top five real estate organizations in the Fox Valley during 2008, in terms of listings sold, were RE/MAX with 591 (38.7 percent), Coldwell Banker with 259 (17 percent), Baird & Warner with 167 (10.9 percent), Keller Williams with 62 (4.1 percent) and Prudential with 57 (3.7 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 the Fox Valley in buyer representation, closing 28.9 percent of all sales made of listed homes in 2008, topping Coldwell Banker (15.5 percent), Baird & Warner (10.5 percent), Prudential (5.5 percent) and Keller Williams (4.3 percent). RE/MAX remained the market-share leader in buyer representation across the metropolitan Chicago real estate market area during 2008, completing 16.4 percent of all buyer transactions.

RE/MAX Continued to lead Kane county in 2008, closing more than 2,200 home sale transactions

RE/MAX Network Again Tops Metro Chicago Real Estate Market

RE/MAX agents once again led the Kane County residential real estate market during 2008, representing either the buyer or seller in 2,281 home sale transactions, according to sales data available for Kane 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 1,255, or 30.8 percent, of all residential properties sold in Kane County during 2008. They also led the county in buyer representation, assisting buyers with 1,026 transactions.

Home sales reported by MRED in Kane County during 2008 totaled 4,070, a 28 percent decrease from the 5,649 homes sold in 2007.

The top five real estate organizations in Kane County during 2008, in terms of listings sold, were RE/MAX with 1,255 (30.8 percent), Coldwell Banker with 520 (12.8 percent), Baird & Warner with 305 (7.5 percent), Prudential with 199 (4.9 percent) and Century 21 with 188 (4.6 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 Kane County in buyer representation, closing 25.2 percent of all sales made of listed homes in 2008, topping Coldwell Banker (10.4 percent), Baird & Warner (8.3 percent), Century 21 (7.1 percent) and Prudential (5.3 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 Continued To Lead Lincoln Way Area In 2008, Closing Nearly 500 Home Sale Transactions

RE/MAX Network Again Tops Metro Chicago Real Estate Market

RE/MAX agents once again led the Lincoln Way area residential real estate market during 2008, representing either the buyer or seller in 486 home sale transactions, according to sales data available for the Lincoln Way area 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 268, or 33.5 percent, of all residential properties sold in the Lincoln Way area during 2008. They also led the area in buyer representation, assisting buyers with 218 transactions.

The Lincoln Way market area includes the communities of Frankfort, Green Garden, Manhattan, Mokena, New Lenox and Wilton Center.

Home sales reported by MRED in Lincoln Way during 2008 totaled 799, a 20.9 percent decrease from the 1,010 homes sold in 2007.

The top five real estate organizations in the Lincoln Way area during 2008, in terms of listings sold, were RE/MAX with 268 (33.5 percent), Coldwell Banker with 132 (16.5 percent), Century 21 with 83 (10.4 percent), Realty Executives with 59 (7.4 percent) and Lincoln-Way Realty Inc., with 30 (3.8 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 the Lincoln Way area in buyer representation, closing 27.3 percent of all sales made of listed homes in 2008, topping Coldwell Banker (18.5), Century 21 and Realty Executives (both with 8.3 percent) and Baird & Warner, Prudential and Prospect Equities (with 1.8 percent each). 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.