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News Stories
4/17/2006
Article By: James T. Penko Contact Phone Number: (216) 447-4477
Spectacular March volume for Howard Hanna Real Estate Services
Howard Hanna Real Estate Services, parent company of Howard Hanna Smythe Cramer, reports sensational total volume of $1,795,501,662 for March 2006, an 18% increase over March 2005. Figures include written, listing and closed sales volume of Howard Hanna Smythe Cramer, Howard Hanna Real Estate, Barristers Title Company, and closed mortgage loans of Howard Hanna Mortgage Services.
“The exceptional pace of activity that began the year continues as we enter an increasingly busy season in the real estate industry. 2006 promises to be another momentous year,” states Howard W. “Hoby” Hanna IV, Executive Vice President, Howard Hanna Smythe Cramer.
Closed, listing and written volume for Howard Hanna Smythe Cramer for the month totaled $797,724,925. Closed volume was $204,371,884 and included 1,045 units. Written volume totaled $268,730,927; 1,367 units. Listing volume amounted to $324,622,114; 1,242 units.
Closed volume is defined as the sales volume of properties sold. Listing volume is the total price of properties listed on the market. Written volume reflects sales pending.
For the Howard Hanna Smythe Cramer offices of Howard Hanna Mortgage Services, the number of--and total for--closed mortgage loans for March was 268, with volume of $36,533,351.
Howard Hanna Real Estate Services is the 6th largest full service real estate company and the 4th largest privately held real estate firm in the United States. The company specializes in residential and commercial brokerage service, mortgages, closing and title insurance, home building and land development, appraisal services, insurance services, and corporate relocation. The company has 110 offices in Ohio, Pennsylvania, New York and West Virginia, and employs 3,500 sales associates and staff. Visit www.howardhanna.com for more information.
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