Houston Business Journal Ranks Prudential Gary Greene

Larry Pound — Sat, 20 Aug 2011 19:30:00 GMT

Houston Business Journal Ranks Prudential Gary Greene, Realtors #1 Residential Real Estate Brokerage

Mark Woodroof and Marilyn Eiland, Partners, Prudential Gary Greene, Realtors

HOUSTON, TX – July 5, 2011 – Prudential Gary Greene, Realtors took top place in Houston Business Journal’s list of Largest Houston-area Residential Real Estate Brokerage Firms. The company ranked No. 1 with 6,214 transactions and over $1.44 billion in dollar volume.

At the helm of the real estate powerhouse are the company’s partners, Marilyn Eiland and Mark Woodroof, who manage the day-to-day operations of the company.

Woodroof said their values and ideals for the company have always come down to three things: respect, trust and charity. “These are the building blocks of the company,” said Woodroof. “Every decision we’ve made in growing the company has been guided by these core values.”

Eiland gives credit to a strong support staff and the more than 800 agents who work in the company’s 24 locations across the Greater Houston area. “These agents are gifted, hard-working professionals who have a thorough knowledge of this business. It isn’t something that everyone can do. They pay attention to what the market is doing, and they listen intently to what their clients want and need,” said Eiland.

Woodroof said they are continually researching and implementing new technologies that will enhance their operations. “It is an exciting time for the business as mobile technologies continue to develop and evolve. These powerful tools provide our agents with instant information, which is key in competing in today’s market,” said Woodroof.

Prudential Gary Greene, Realtors has also proven to be a leader on the philanthropic front. Honored as the top Sunshine Kids contributor in the Prudential Network of brokers across North America for numerous years, the company has raised over $3 million for the Sunshine Kids, a national nonprofit organization dedicated to serving children with cancer.

G.W. Bailey, executive director of the Sunshine Kids Foundation and actor on TNT’s The Closer, said he cannot say enough about what Woodroof, Eiland and their team have done for the Kids.

“They have made it possible for us to create more activities for more kids with cancer – not only in Houston but all across the U.S. and Canada,” said Bailey. “They have had an enormous, incalculable impact on our operations.”

ABOUT PRUDENTIAL GARY GREENE, REALTORS

Prudential Gary Greene, Realtors is the top listing and selling real estate firm in Houston, as well as the oldest in the city. Gary Greene, Realtors was established in 1963 by Gary Greene, then grew to multiple offices and later became a franchised brand of Better Homes and Gardens in the 1970s. In 2000, Gary Greene, Realtors affiliated with Prudential Real Estate Services. Currently, the firm’s partners, Marilyn Eiland and Mark Woodroof, manage the day-to-day operations of the firm, which now has 24 offices in the Houston Metropolitan area. For more information, visit www.GaryGreene.com.

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July MLS Activity in Houston

Larry Pound — Sat, 20 Aug 2011 19:30:00 GMT

August 10th, 2011

Houston sees double-digit increases in July home sales.

Single-family home sales rose 17% in July in comparison to July 2010. This is truly positive news in a year where a cloud of uncertainty hovers incessantly over the economy. While this is good news, some of the increase can be attributed to being compared to last July when an anomaly occurred in the market. July 2010 was the first month following the expiration of the Homebuyers Tax Credit when sales declined dramatically. When July home buyers would normally be in the market, many capitalized on the tax credit and bought a home before July. July 2011 year-to-date sales are a better indicator of the state of the market. Home sales are down 2% year-to-date from last year. The upside is that July experienced a double-digit increase in contracts written. This indicates that 2011 will probably end with sales at or below 2010 levels.

Here’s a snapshot of the Houston single-family market:

Houston Single-Family Homes Houston Real Estate Info Services [July Month and YTD 2011 vs. 2010]
Metric	# Sales July ‘11	% Change from July ‘10	# Sales YTD July ‘11	% Change July YTD ‘10
# of sales	5,034	17%	30,950	-2%
Dollar volume	$1,128,169,740	18%	$6,651,648,072	0%
Avg. Sales Price	$224,110	1%	$214,916	3%
Med. Sales Price	$160,000	0%	$153,900	1%
Contracts written	3,077	11%	21,468	5%
# of listings	32,096	-10%	32,312	3%

For information on specific areas of Houston, click here.

For a glimpse of the Houston Hotness Index by area, click here.

To search for homes in Houston via your smartphone, text HHS to 87778 and follow the response link to download the app.

Information provided by the Houston Association of Realtors® Information Services and the Real Estate Center at Texas A & M University. Written by Toni Nelson, Director of Strategic Initiatives for Prudential Gary Greene, Realtors®.

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Houston Business Journal Ranks Prudential Gary Greene

Houston Business Journal Ranks Prudential Gary Greene, Realtors #1 Residential Real Estate Brokerage

July MLS Activity in Houston

Houston sees double-digit increases in July home sales.