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.”

Thursday Thoughts on Leadership: The Importance of Diversity

By Gino Blefari

This week my travels found me first in Irvine, CA for a Town Hall meeting at our HSF Affiliates HQ and next in Las Vegas for the Zillow Group Broker Forum at the Mandarin Oriental Hotel. As I travel across the country and attend meetings led by some of our industry’s most powerful and innovative minds, I keep circling back to a theme prevalent in so many keynotes, panel discussions and coffee-break chats: diversity.

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6 Reasons London Is Attracting Luxury Buyers

By Mitch Lewis

In a recent article, Mansion Global declared London “the most desirable city in the world for high-net-worth individuals buying luxury homes,” despite the upcoming Brexit and less-than-favorable sales tax rates. Why is London so appealing to high-end buyers? Let me count the ways …

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Network Update from Gino Blefari, CEO of HSF Affiliates LLC

Our Berkshire Hathaway HomeServices brand keeps growing. We now count more than 40,000 agents and 1,200 offices in 47 states. Learn about our recently recognized agents as well as upcoming Berkshire Hathaway HomeServices events in HSF Affiliates CEO Gino Blefari’s network update.

Berkshire Hathaway HomeServices Quarterly Marketing Update

In his inaugural video in a new quarterly series, Stephen Phillips, president of Berkshire Hathaway HomeServices, provides market updates from beautiful San Diego and the 2015 National Association of REALTORS® Conference & Expo. Watch as Stephen highlights important economic trends happening right now in the real estate market.

Thoughts on Leadership: Plan To Get Ahead

By Gino Blefari

This week my travels found me in Minneapolis to present my third quarter report and the 2016 budget to the HomeServices of America, Inc. board.  Then I headed west to San Francisco, where the autumn season and my recent forward-looking meetings played unexpectedly on my mind.

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Stephen Speaks: U.S. Housing Starts

On Tuesday, the Commerce Department reported that U.S. housing starts rose to a nearly 8-year high. Construction of new homes jumped 6.5% from August figures to a seasonally adjusted annual pace of 1.21 million units in September. This increase was bolstered by an 18.3% surge in multifamily units, though starts of single-family homes didn’t show as much strength, increasing only 0.3%. Stephen Phillips, president of Berkshire Hathaway HomeServices, weighed in on the latest figures:

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How To Eliminate The Peaks And Valleys In Real Estate

By Kyle Rank

Watch this video to discover ways you can generate more business by successfully navigating the ups and downs of the real estate industry. Click “play” to learn how you can always stay on top!

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Expand Your Market to Expand Your Success

By Anthony Turco

There’s a term in real estate and it’s absolutely the arch-nemesis to finding success. Do you know what it is? Complacency. Some agents enter this industry and find themselves perfectly satisfied staying in one market, applying the same business model everyone else uses, and finding moderate success along the way. However, in order to ascend the ranks of top producer or real estate superstar, this philosophy of complacency must disappear.

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Serious Buyers Should Act

By Jake Breen

In early April I sent clients a market video that sparked a lot of interest. This video detailed Salt Lake County appreciation rates from April through June. Most locals in Salt Lake know it’s a seasonal market and often we experience a real uptick in sales in the spring and early summer. What most don’t know is how seasonal swings will affect a typical real estate transaction.

During that same period in 2013, the median price in Salt Lake City rose 12%; it added another 4% in 2014. Think about that movement over just 12 weeks and consider statements often heard from potential buyers.

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