January Home Sales, Prices Push Higher
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January Home Sales, Prices Push Higher

The following is an excerpt from the monthly RE/MAX National Housing Report. For more information or to see the full two-page report (attached), contact (303) 796-3405.

Denver, CO – February 14, 2013 – (RealEstateRama) — The selling season in 2012 started early and continued through the whole year. Now, the new year is starting at levels even higher than last January. The January RE/MAX National Housing Report shows the recovery continues with sales up 9.1% and prices up 8.0% from January last year. Falling inventories are both a positive and negative factor for the recovery. They have pushed prices higher, which helps underwater homeowners, but have also created a shortage of homes for potential buyers. The inventory of homes for sale remains 28.9% below the levels seen in January 2012. With fewer distressed properties and underwater homes, more home sellers in 2013 may be persuaded to place their homes on the market and move up. As the inventory issue works its way back to a traditional balance, the housing market should continue a robust recovery in 2013.

If you do not wish to receive future Housing Report information or releases from RE/MAX, please contact . Thank you.


Based in Denver, Colo., RE/MAX International oversees a network of nearly 100,000 Sales Associates in more than 75 countries, an international presence greater than any of its competitors.  Nobody in the world sells more real estate than RE/MAX.

RE/MAX has been honored as the leading real estate franchise in the "2009 Franchise Times Top 200," and has been the leading real estate organization in Entrepreneur magazine's "Franchise 500 Survey" for nine of the last 11 years.


Allie Musso

Phone: 303-796-3662

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