Financial News

House Buyers of America Launches in Connecticut

Due to significant demand, as of September 1, the leading high-tech home buying company is officially launching in the entire state of Connecticut.

House Buyers of America (House Buyers), the homebuying company that places equal focus on using its high-tech resources as well as providing high-touch customer care and communication – without charging commissions or fees – announces its expansion into Connecticut. This growth follows the recent announcement of House Buyer’s exceptional growth in Q2 2023.

“The Connecticut expansion was the next natural direction in our growth trajectory,” said Nick Ron, CEO of House Buyers. “Our company received significant demand and interest from this market, and we are now in a position to assist buyers and sellers in the area to achieve their real estate goals faster than ever.”

House Buyers achieved a 119% increase in revenue when comparing Q2 2023 to Q2 2022. They also saw a 68%-unit sales increase and a gross profit increase of 93%. This growth, coupled with the company’s expansion into new markets demonstrates the demand for its direct real estate model.

“Despite the homebuying industry being sluggish due to higher mortgage interest rates and continued low inventory, we have experienced the opposite. Our investment in Connecticut and plans to expand into other major U.S. markets signifies the expanded demand we’re seeing across the board,” said Nick. “Our state-of-the-art technology takes a direct route to buy homes faster than ever before in as-is condition to deliver new inventory to the market.”

House Buyers’ system includes a balanced approach that uses top technology tools – which House Buyers has invested in continually through the years – combined with personalized, hands-on communication from advisors who have experience in the industry and know the customer’s local market. Delivering first-class service is House Buyers’ top priority as it removes the hassle of selling a home by allowing homeowners to sell in days, not months.

ABOUT HOUSE BUYERS OF AMERICA

House Buyers of America (House Buyers) is a high-tech, high-touch homebuying company headquartered in Chantilly, Virginia. As one of the leading cash homebuyers, House Buyers buy homes in Washington, D.C., Baltimore, Hampton Roads, Richmond, Philadelphia, Connecticut, and Boston. For more information, please visit www.housebuyersofamerica.com.

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