HomeVestors Purchases 60,000th House

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Dec 31, 2014, 09:00 ET

DALLAS, Dec. 31, 2014 /PRNewswire/ -- During a year marked by company sales and growth records, HomeVestors^® of America, the largest professional home buying network of independently owned and operated franchisees, is celebrating the purchase of its 60,000 house.

"This has been one of our best years yet," said Hicks. "It supports our viewpoint that the residential real estate market represents one of the best long-term investments available."

Channell added, "With 2014 being the 18^th anniversary of HomeVestors, it's particularly affirming to have reached the 60,000 houses milestone. For the past 18 years, our franchisees have dramatically changed the landscape of residential real estate by transforming "ugly" houses in need of repairs into beautiful homes that people are proud to own. Our outlook for 2015 also is very positive."

About HomeVestors of America Inc.
Dallas-based HomeVestors of America, Inc. is the largest professional house buying franchise in the U.S., with over 56,000 houses bought since 1996. HomeVestors recruits, trains and supports its independently owned and operated franchisees that specialize in building businesses based on buying, rehabbing, selling and holding residential properties. Most commonly known as the "We Buy Ugly Houses®" company, HomeVestors strives to make a positive impact in each community. In 2014, for the ninth consecutive year, HomeVestors was among the prestigious Franchise Business Review's "Top 50 Franchises," a distinction awarded to franchisors with the highest level of franchisee satisfaction. For more information, visit www.HomeVestors.com. In 2014, HomeVestors was recognized as the 25^th fastest growing franchise by Entrepreneur Magazine and number 126 in the Franchise 500 by Entrepreneur Magazine.

Contact: Susie Lomelino
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214.269.2196

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SOURCE HomeVestors of America, Inc.