August 27, 1997 |
A Superior Court jury has rejected claims that Re/Max International engaged in unfair competition against Century 21. The jury deliberated three days last week before rejecting Century 21's contention that Re/Max competed unfairly in the Southern California real estate market, Re/Max said Tuesday. The jury also ruled that Century 21, a subsidiary of HFS Inc., defamed Patrick Murphy, a former Century 21 employee who has since joined Re/Max, according to a company statement.
February 20, 2005 |
The highest-ranked real estate company on Entrepreneur magazine's annual list of 50 top new franchises is New Jersey-based Weichert Real Estate Affiliates Inc., which is No. 10. Help-U-Sell Real Estate is 15th on the magazine's list of the fastest-growing franchises in America; Re/Max International Inc. is 21st; Assist-2-Sell, 25th; Keller Williams Realty, 36th; and Realty Executives International Inc., 44th.
July 27, 1994 |
Century 21 Loses Round in Court: A federal judge has ruled that Century 21 Real Estate Corp. does not "sell a home every minute of the day," as the company's advertising says. Instead, the boldest claim the Irvine-based real estate franchise company can make is that it "helps sell a home on average every minute" of the day, said U.S. District Judge Alicemarie H. Stotler, who granted a preliminary injunction last month to stop the Century 21 ads.
May 8, 1998 |
Three pilots on Thursday unveiled plans to use a NASA-designed helium balloon, thin as a sandwich bag and nearly as tall as the Empire State Building, to circle the globe at the edge of space. The three men plan to lift off from Australia in late December or early January and cruise at an altitude of about 130,000 feet. Riding in a space capsule, the trio will cruise about 80,000 feet higher than any manned balloon has ever attempted. No balloonist has ever successfully circled the Earth.
March 10, 2005 |
California Insurance Commissioner John Garamendi said Wednesday that he had sent subpoenas to Wells Fargo & Co. and five other companies as part of a probe into possible fraud among title insurers. The subpoenas went to Wells Fargo Home Mortgage, Los Angeles-based builder KB Home, Newport Beach-based builder William Lyon Homes, real estate franchisor Re/Max International Inc., United Home Mortgage Corp. and Shea Financial Services.
May 19, 1999 |
Construction of new homes and apartments fell for the third consecutive month in April, the government reported Tuesday, a sign that last year's record pace of home sales isn't likely to be matched. Starts fell 10.1% last month to a seasonally adjusted annual rate of 1.574 million, the biggest monthly decline in five years, Commerce Department figures showed. The decline followed drops of 0.1% in March and 3.7% in February. Even so, builders say 1999 will still be one of their best ever.