Without the government coming to an agreement to extend it, the first time buyer tax credit will end with homes closed on or before November 30! This means you need to find your home NOW!
For more information FIRST TIME BUYER TAX CREDIT-ACT NOW!
To see all available Wichita,KS Homes for sale http://www.buywichitahomes.com/wichitakshomesforsale.aspx
RE/MAX Ranked as Top Real Estate Franchise
National Survey Places RE/MAX Ahead of all Competitors
(Denver, CO – October 20, 2009) RE/MAX International Inc. has joined the exclusive ranks of the most successful franchise chains in the world, after being named to the Franchise Times Top 200. RE/MAX made its debut in the number 12 position in the 2009 ranking, in front of all other real estate competitors, and in the company of such top franchises as McDonalds, 7-Eleven and Marriott Hotels.
“The RE/MAX Network continues to grow because we offer so much value to our franchise owners,” says Margaret Kelly, CEO of RE/MAX International. “Global brand recognition, the industry’s most extensive educational resources, and all the support our offices need to be productive and successful. We like to tell our owners, that at RE/MAX, you’re in business for yourself, but not by yourself.”
Since the beginning of 2009, nine countries have joined the RE/MAX Network and RE/MAX International has sold nearly 400 franchises worldwide. RE/MAX has an international presence in more than 70 countries, more than any of its competitors.
The Franchise Times honor is the second time this year that RE/MAX has been recognized in the franchise community. In January, RE/MAX was the highest ranked real estate franchise in Entrepreneur Magazine’s 30th Annual “Franchise 500 Survey,” a tribute the company has received in nine out of the last ten years.
RE/MAX has also been recognized as one of the “Top 25 Franchise Opportunities” by Hispanic Enterprise, and one of the “Top 50 Franchises for Minorities” by the National Minority Franchising Initiative.
And, in 2009, for the third year in a row, RE/MAX was ranked on the list of America’s “Top 10 Military Spouse-Friendly Employers,” according to Military Spouse Magazine.
The Franchise Times Top 200 is an annual financial snapshot of the 200 most successful U.S.-based franchise companies as measured by worldwide sales. The complete list of honorees appears in the October issue of Franchise Times.
The Wichita Area Association of REALTORS
Wichita-area home sales figures.
® and the South Central Kansas MLS releases the September
Existing home sales decreased 10% last month according to the September figures released by the South Central Kansas
MLS. Existing homes sales in September totaled 672, down from 750 units in August 2009. The median sales price of
existing homes in September decreased 2% on a year over year basis.
New home sales decreased in September to 87 units, which represents a 13.9% decrease compared to August 2009. The
September median sale price of new homes decreased to $168,000 from $200,000 in August 2009.
Existing home inventory this month was down 1.5% with 3,446 homes in inventory compared to 3,499 last month. The
existing home inventory this month is 5.0% higher than it was a year ago when the existing home inventory was 3,281.
New home inventory decreased this month with 601 homes in inventory compared to 606 new homes on the market last
month. The new home inventory is 23.7% lower than it was a year ago at this time when there were 788 new homes on
the market.
New and existing home inventory combined was 4,047 homes this month compared to 4,105 last month representing a
1.4% decrease in the past month. One year ago the combined inventory was 4,069, which represents 0.5% decrease in
total inventory over the past year.
Months of inventory is determined by taking the inventory and dividing it by the number of sales. A “balanced market” is
considered to be a 5-6 month supply. If the supply exceeds 6 months, the market begins to favor buyers. When the
supply is less than 5 months, the market tends to favor sellers. Months of inventory for existing homes increased from 4.7
to 5.3 in September. This number continues to indicate a slight edge for sellers of existing homes. Months of inventory for
new homes increased this month to 6.9 months of inventory compared to 6.0 last month.
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