HomeVestors Names Top 10 Cities for Real Estate Investing for First Quarter of 2008

Thu Apr 3, 2008 10:00am EDT

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DALLAS--(Business Wire)--
HomeVestors(R) of America, Inc., the company famous for its "We
Buy Ugly Houses"(R) billboards and America's #1 Home Buyer, has named
the top 10 markets for real estate investing in the first quarter of
2008. They are as follows:

   1. Dallas, Texas

   2. Houston, Texas

   3. Atlanta, Georgia

   4. Fort Worth, Texas

   5. St. Louis, Missouri

   6. Philadelphia, Pennsylvania

   7. San Antonio, Texas

   8. Denver, Colorado

   9. Minneapolis, Minnesota

   10. Phoenix, Arizona

   HomeVestors, which has bought more than 34,000 homes in the U.S.
over the last 11 years, based the findings on the number of houses
bought in each market by the franchise network in the first quarter of
2008.

   "We're off to another ugly year for residential real estate,
creating record-setting demand for a trusted national home buyer,"
said John Hayes, president and CEO of HomeVestors. "We generated more
than 200,000 opportunities for our franchisees to buy houses in 2007
and we expect even more opportunities this year. Despite changes in
the market, real estate investing continues to grow. From small towns
to big cities, people continue to look to HomeVestors to help them out
of ugly real estate situations."

   HomeVestors is the only national franchise that specializes in
buying, rehabbing and selling single-family homes across the nation.
The company has more than 250 franchises in 35 states.

   About HomeVestors(R) of America, Inc.

   Founded in 1989 and franchising since 1996, Dallas-based
HomeVestors(R) of America, Inc., has more than 250 franchises
throughout the United States. The first franchise company of its kind,
HomeVestors(R) trains and supports franchisees who specialize in
buying homes in need of repair. Most commonly known as the "We Buy
Ugly Houses"(R) franchise, HomeVestors(R) strives to make a positive
impact in each community. More information is available at
www.homevestors.com.

BizCom Associates
Monica Feid, 972-490-8053
MonicaFeid@BizComPR.com

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