US home prices jump 12.4 percent in July from a year ago, most in 7½ years

By Associated Press,


Published: September 24

WASHINGTON — U.S. home prices rose 12.4 percent in July compared with a year ago, the most since February 2006. An increase in sales on a limited supply of available homes drove the gains.

The Standard &Poor’s/Case-Shiller 20-city home price index reported Tuesday improved from June, when it rose 12.1 percent from a year ago. And all 20 cities posted gains in July from the previous month and compared with a year ago.


Sep 17, 2013


Keller Williams Realty, the 30-year-old Austin, Texas-based franchisor, claims to have more agents affiliated with its brand in the U.S. and Canada than any other real estate franchise — thanks in part to a net gain of 12,000 agents over the last year.

The firm announced at its midyear “Mega Camp” meeting that it now has more than 90,000 agents in 700 offices across the globe and recently opened shop in the United Kingdom. Currently, it also has franchise agreements in Austria, Germany, Indonesia, southern Africa, Switzerland, Turkey and Vietnam.

Keller Williams launched its global business with a “master franchise” agreement in Vietnam in February 2012.

“Being No. 1 in agent count in the United States was our first domino,” said Keller Williams Realty CEO Mark Willis in a statement. ”We’re on our way to knocking over bigger and bigger dominos until we’re No. 1 in agent count, transactions and volume all across the world.”

Some question how much agent count really means. Other metrics like per-agent productivity are important, too, pointed out real estate consultant Rob Hahn in a commentary on Inman News in February in response to Keller Williams’ announcement that its U.S. agent count had passed Coldwell Banker Real Estate’s.

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