Press Release

REALTY EXECUTIVES PHOENIX RANKS TOP OF NATIONAL REAL ESTATE LIST

PHOENIX (May 1, 2006) – After 34 years of being at the top, you would think that winning a top distinction would become old hat. But at Realty Executives Phoenix, hitting the top of the list in real estate transactions in Arizona – and achieving the number 8 ranking in country – is still an honor that they covet and take very seriously.

“These numbers have different interpretations each year, depending on the housing market. And based on the low inventory in 2005, these numbers indicate that our executives are working harder than ever to earn a buck,” said John Foltz, president of Realty Executives Phoenix.

In REAL Trends annual survey of the top 500 real estate firms in the United States, Realty Executives Phoenix was ranked 8th in sales volume for 2005. This marks the 34th consecutive year that Realty Executives Phoenix has achieved the top rankings in the state.

REAL Trends Inc. is a Colorado-based publishing and communications company that provides news, research and information-based services to the residential real estate industry, and is considered to be a leading source of analysis and information on the residential brokerage industry. REAL Trends publishes an annual ranking of real estate firms and individual performers, numbers which are verified by independent third-party accountants or corporate headquarters.

The complete detail of the REAL Trends report and full rankings list is available at http://www.realtrends.com.

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