House Buyers of America Reports a Nearly 30% Revenue Growth for Q1 2022
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CHANTILLY, Va.--(BUSINESS WIRE)--House Buyers of America (House Buyers), the leading high-tech homebuying company that is reinventing the industry with its direct, no 'middle-man' approach that charges no commissions or fees, announces that it has hit new heights of growth. In comparing Q1 2021 revenue results to Q1 2022, House Buyers posted an increase of 28% YOY with pending Sales up 32%.

Key drivers of this growth stem from House Buyers' position as a superior, well-established operation backed by a sustained investment in its technology and team. House Buyers has continued to build on its expertise to disrupt the 'traditional' real estate market in the Washington, D.C., Maryland, Virginia, and Pennsylvania regions. The company also continues to distinguish itself from newer market entrants that may not have the knowledge, expertise, technology, or operational efficiency that House Buyers has skillfully honed over its 21 years in business.

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This expertise and industry leadership enables House Buyers to consistently achieve top outcomes for its customers with an easy, hassle-free process to quickly sell their homes, in as-is condition, and to deliver affordable inventory that fills the void in the market.

"We are proud of our recent growth, and that the investments we have made to improve our capabilities have paid off," said Nick Ron, CEO of House Buyers of America. "We've been committed to being the go-to solution for homeowners looking to sell their homes fast, as-is. Prior to 2022, there was a great need for affordable housing stemming from the lack of development over the last 10 years. The recent rise in inflation and the labor and supply chain challenges we are facing, only magnifies the challenge. We plan to play a major role in taking sellers' homes off their hands, add existing homes to the market, and help to quickly fill inventory gaps."

ABOUT HOUSE BUYERS OF AMERICA
House Buyers of America (House Buyers) is a high-tech home buying company headquartered in Chantilly, Virginia. As one of the leading cash homebuyers, House Buyers buys homes in Washington, D.C., Baltimore, Norfolk, Richmond, and Philadelphia. For more information, please visit www.housebuyersofamerica.com

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Contacts

MEDIA:

Lana Sansur
RMR & Associates Inc.
(301) 230-0045 x 440
lsansur@rmr.com
Filed Under: Business

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