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Realtors In Seattle |
ColdwellBanker | Seattle Coldwell Banker Real Estate
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Coldwell Banker is a large
real estate franchise.
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Coldwell Banker
is owned by Realogy, which also owns
Century 21 Real Estate and ERA Real Estate. The company was
founded in 1906 in San Francisco after the 1906 San Francisco Earthquake
by Colbert Coldwell as Tucker, Lynch, and Coldwell and is thus the
oldest real estate company in the United States.
In 1914 Benjamin Arthur Banker was
invited to become a principal. In 1920 the company becomes Coldwell,
Cornwell, and Banker. Bruce Cornwell resigned in 1940 and the company
took its present name. The company expanded throughout, and in 1952
opened its first office outside California. |
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Coldwell Banker Real Estate changed
from a partnership to a corporation in 1961 and had an initial public
offering in 1968. In 1981 it was acquired by Sears Roebuck and grouped
with its financial companies Allstate Insurance and Dean Witter in the
Sears Financial Network. It was taken private again in 1993, and sold to
HFS, Inc. (later Cendant) in 1996. |
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A new study commissioned by Coldwell
Banker Real Estate Corporation has found that Americans earning at
least $75,000 are buying more houses than their parents at a comparable
age, with each generation outpacing the home purchase trends of the
previous generation. According to
the "Coldwell Banker 2006 Homeownership in America Study," 66
percent of survey respondents in the Silent Generation (aged 61 and up)
have owned between two and five homes. Already, 66 percent of Baby
Boomers (aged 42 to 60), have owned a similar two to five homes.
The younger generations surveyed are
mimicking these home buying habits. About half (48 percent) of
Generation X’ers (aged 32-41), and more than one third (36 percent) of
Echo Boomers (aged 31 and younger), have owned between two and five
homes. Fifty-eight (58) percent of respondents have owned more homes
than their parents did when their parents were at a comparable age.
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Realtors In Seattle | ColdwellBanker | Seattle Coldwell Banker Real Estate
Seattle Washington Real Estate
Brokers | Seattle Real Estate Agents
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