Posts tagged:homes

Case-Shiller: Home Prices Rise 6.2% in September

The S&P CoreLogic Case-Shiller home price index jumped 6.2% in September, beating the 6.1% increase expected by economists polled by Reuters.

David Blitzer, S&P Dow Jones indexes managing director, said the index is rising “at the fastest annual rate since June 2014.”

Added Gino Blefari, president and CEO of Berkshire Hathaway HomeServices: “Home prices are rising across the country for many sound reasons. We have a healthy U.S. economy and an unemployment rate at its lowest level in nearly 17 years. With wages gradually rising and mortgage rates still near historic lows, people are feeling more confident and are looking to buy homes. A tight supply of homes has also contributed to home-price increases but we see a silver lining here. As home equity grows for existing homeowners, we believe more people will list their homes, which should bring greater balance to housing inventory and the market overall.”

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Thoughts on Real Estate: A Crowded Market Spurs Buyer Creativity

By Gino Blefari

For many homebuyers, rising prices and low inventory continue to push the market seemingly out of reach. In the CoreLogic Case-Shiller September report, Seattle, Portland, and San Francisco experienced the steepest price hikes with 13.5%, 7.6%, and 7.4% increases respectively since last year. Also, the National Association of REALTORS®  says existing home sales were down 1.7% last month.

Yet despite these market challenges, our research shows that prospective buyers, particularly Millennials, remain positive about the market and are determined to find the home they want. This may be, in part, to the resourcefulness of buyers who have found increasingly novel ways to make their bid stand out.

Our national Berkshire Hathaway HomeServices Homeowner Sentiment Survey released in September found that:

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Paris Property Prices are Set to Reach All-Time Highs

By Mitch Lewis

A newly released survey by the Chamber of Notaries of Paris shows prices for real estate in Paris are on track to reach record highs this summer as buyers—particularly those from Italy and the UK—seek properties in the city’s in-demand districts or “arrondissements.”

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Real Estate Agents: How to Market to First-time Home Buyers

By Darrin Rayner

As more and more home buyers of the millennial generation reach buying age (they’re soon expected to pass Boomers in total population), your marketing efforts toward first-time home buyers become more and more important.

According to the Home Buyer and Seller Generational Trends Report 2016 produced by the National Association of REALTORS® (NAR), first-time home buyers are most likely:

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The Revelation of Finding Your HOME

By Erin Heider

I’ve had many buyers ask this question: How will I know when a home is the one?

Here’s my answer: It may take viewing 10 or 100 houses (hopefully the number is closer to 10), but when you know, you’ll know. And I, as the real estate agent, will pick up on signs that let me know you’re certain about a certain property. It’s one of my favorite moments in the home-buying transaction; the special day when I’m able to help find someone a HOME.

What are the clues I pick up on that you’ve found the house that will be your home? Here are three …

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Connecting with Clients: ‘Tis The Season

By Kim Gellatly

The holiday season can be a wonderful time to reach your clients in fun, memorable and festive ways.  Working hard during the fourth quarter to reach out to your clients can also help ensure you’ll have a great start to business in the first quarter of the new year.  Here are some of my favorite ways to connect with my network of clients during the holiday season:

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The Apex of Luxury: Eagle Ridge Estate

Featuring the elite listings of Berkshire Hathaway HomeServices Luxury Collection

We all know and covet them … those grand, elegant, timeless properties around the world, but what makes a property undoubtedly magical, awe-inspiring, and sets it apart from all others? Most of us would agree a truly unique luxury property is determined by the setting, the endless possibilities, and the day-to-day lifestyle that the property affords.

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