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House Buyer Network Continues Record Streak in July
Company continues streak; sets new highs for profit, revenue and home submissions.
MARIETTA, GA (August 10, 2005) — House Buyer Network, America's largest home selling solutions company, today announced its fifth straight month of record-setting performance. July was the best month ever for the three-year-old company and continued a series of positive growth months stretching back to February.
Net income continued its steep climb, rising more than 25% over the previous record set in June, and marked an increase of almost 400% since April of this year. Total revenue was up 4%.
Home submissions also increased another 7%, and the total value of the homes grew even faster. The company processed $650 million in homes in July—a 16% jump over June's record performance, and the fourth straight month of increases.
The company has processed more than $3 billion in property in 2005, and more than $9.5 billion in its three-year history. Total home values will surpass the $10 billion mark in mid-August, and continued growth in all areas is expected through at least 2005.
About House Buyer Network
House Buyer Network (www.housebuyernetwork.com) is America's largest home selling solutions company. Since 2002, the company's nationwide network of professional home buyers has helped more than 55,000 families and individuals who needed to sell a property fast — processing more than $9.5 billion in property during that time.
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