This is the first in a series of videos President Dan Kruse and CEO Bill Kessler are putting together to discuss market trends, what’s going on within the organization, and what is happen in real estate in general. To be respectful of everyone’s time the videos will be quick but full of essential information.
This was a fantastic year of recovery for the real estate market. As an industry we saw trends move upward both in unit sales and in median sales price. According to the 2013 NAR data annual home sales increased 6.5% throughout the country and median sales prices increased by 7.5% when compared to 2012. “In our local market places we saw the exact same trend lines throughout Wisconsin, Illinois, Indiana and Michigan. In fact, as an overall organization we’ve even blew those numbers out of the water,” Kruse explains.
Century 21 Affiliated saw tremendous growth in 2013, ending the year with 57 offices, 12,000 agents, and over 10,000 closed transactions over four states. “It was a really important and strong year for Century 21 Affiliated and it really was because of the strong efforts of all of the [real estate agents] out there. Both the market recovery and what [the agents] accomplished made Century 21 Affiliated the #1 CENTURY 21 Franchise in the entire world,” Kruse announces.
For a complete 2014 Real Estate Market update including a message from Rick Davidson, the President and CEO of CENTURY 21 International, watch the video located above.