RISMEDIA, Nov. 14, 2007-Realogy Corporation, a provider of real estate and relocation services, underscored its support of the Asian American community as a sponsor of the second annual Asian Real Estate Association of America (AREAA) Convention & Gala concluding yesterday at the Bellagio in Las Vegas. The event brought together real estate professionals from the U.S. and Asia for informational sessions about the Asian American housing market, including top economists who spoke about the future of real estate market.The Asian American consumer market is one of the fastest growing in the United States, with an 81% growth in population from 1990 to 2005 and a projected buying power of $579 billion in 2010, according to the Selig Center for Economic Growth at the University of Georgia.
“We have long been deeply committed to the advancement of homeownership among the Asian American community, and sponsoring AREEA and being active in its conference represents a key opportunity to collaborate with others who are driven toward the same results,” said Dave Hardy, senior vice president of operations for CENTURY 21® in the Realogy Franchise Group. Hardy also serves on AREAA’s Board of Directors and is a committee member for the Board’s strategic planning committee.
AREAA is the only national professional trade organization dedicated to closing the homeownership gap facing the Asian Pacific American community. AREAA’s membership represents a broad array of real estate, mortgage and housing-related professionals that serve the diverse Asian Pacific American market.
For more information, visit www.realogy.com.
