HomeVestors® of America, Inc., known as the “We Buy Ugly Houses®” company, announced at its annual convention in December that WFI Properties, Inc. (Houston, Tex.) has been named its “2009 Franchise of the Year” as well as the “Top Closer of 2009.” C&C Residential Properties, Inc. (Dallas, Tex.) was awarded the “Top Seller of 2009.” Evolution Properties, Inc. (Dallas, Tex.) earned “Rookie of the Year” for a first-year franchise. Brian Loughrige with Springfield Property Management, Inc. (Springfield, Mo.) was named “Top Buyer of 2009.”

“Our franchisees’ performances show how real estate investors are helping the housing market recover across the nation,” said David Hicks, co-president of HomeVestors of America. “As the local franchises for HomeVestors, the ‘We Buy Ugly Houses’ company, they are buying houses from people who often are in difficult situations and need cash, and then rehabbing the houses. We applaud their contribution to improving the lives of people and their local real estate markets.”