Benton Park, St. Louis, Missouri Real Estate

Are you looking for a location in the City of St. Louis, Missouri that is rich in history and culture? Then the Benton Park neighborhood might just be for you!  According to the St. Louis MARIS Multiple Listing Service, the median list price for a home in Benton Park area of St. Louis, Missouri is $112,000, which makes it a great choice for those seeking something extra in their next home.

Just a short drive from the Arch near Interstate 55 and Gravois, there is plenty to do in this historic section of St. Louis real estate. Along with the rich architecture, perhaps one of the most interesting aspects of the area is its eateries.  Gus’ Pretzels may be one of the more well-known St. Louis institutions that are a product of Benton Park, which according to Wikipedia.com has been open since 1920.

The Blues City Deli draws crowds nearly every Saturday afternoon for their scrumptious sandwiches and toe-tapping Blues music.  Lovers of fried chicken have been known to come from all around to dine at Hodacks, while the Benton Park Café offers its own brand of live music and cuisine.

According to BentonPark.com, “One of the best known areas of the Benton Park neighborhood is the Cherokee Antique Row.”  Shops and eateries line this unique district.  Culture and art can be found throughout Cherokee Street, which includes the well-known Casa Loma Ballroom that has hosted dancers for many years.

For homebuyers that seek a touch of art with a stately presence, you may find that turn of the century Benton Park homes for sale are often brick and multi-level.  Whether you design to modernize with a custom rehab or find a finished home with original architectural features, your Prudential Select Properties agent is here to help.  We invite you explore the charm and elegance of Benton Park open houses other real estate in this historic area.

Ballwin Real Estate

Are you looking to move into the Marquette or Parkway school districts in West St. Louis County?  Now may be a good time to consider purchasing a home in the area. According to the St. Louis MARIS  Multiple Listing System, the median sales price for a home in Ballwin, Missouri in 2012 is $181,500. This is slightly up from last year’s $175,000.

Considered by many to be desirable St. Louis real estate, Ballwin offers many amenities with close proximity to churches, schools, shopping, parks and more.  Family friendly subdivisions often offer organized activities like swimming competitions and neighborhood parties.  The Pointe at Ballwin Commons also offers a diverse array of fee for service recreational facilities to include an indoor pool, workout facilities and more. Located next the municipal golf course, families also enjoy the North Pointe Family Aquatic Center during the summer, which is much like a mini water park with a winding “Lazy River.”

Ballwin, Missouri real estate varies from the well-established ranch styles to multi-level new construction.  Subdivisions are well-kept and the city works consistently to make improvements to sidewalks and public streets that includes yard waste pickup and leaf sweeping during the fall season. Fee-based trash service with an easy to use recycling program is reliable, convenient and affordable.

Sunday afternoon is a great time to tour Ballwin open houses along Manchester Road and New Ballwin Road, which are the main access points for much of the area.  Enjoy a stroll around the beautifully landscaped New Ballwin Park or a picnic at Vlasis Park.  These parks and others are open and available to the public.

Your Prudential Select Properties agent can create a personalized list of Ballwin homes for sale and help find just the right neighborhood for you.  Call us today to learn more.

An Exciting New Brand In Real Estate

We are pleased to announce HomeServices of America, Inc.™, a Berkshire Hathaway affiliate, and Brookfield Asset Management, announced on October 30th, 2012 that they have partnered to introduce Berkshire Hathaway HomeServices®—a new franchise brand that joins the existing brands and affiliate networks of Prudential Real Estate and Real Living Real Estate.

Berkshire Hathaway HomeServices® combines the financial strength of both organizations, coupled with the operational excellence of HomeServices and superior real estate franchising experience of Brookfield. The combined networks of more than 53,000 Prudential Real Estate and Real Living Real Estate agents generated in excess of $72 billion in residential real estate sales volume in 2011, and operate across more than 1,700 U.S. locations.

“Berkshire Hathaway HomeServices is a new franchise brand built upon the financial strength and leadership of Brookfield and HomeServices,” said Warren Buffett, chairman and CEO of Berkshire Hathaway Inc. “I am confident that these partners will deliver value to the residential real estate industry, and I am pleased to have Berkshire Hathaway be a part of the new brand.”

“We are honored and proud to be entrusted with the use of the Berkshire Hathaway name as our new real estate franchise brand,” said Ron Peltier, chairman and CEO of HomeServices. “We will convey the strength of Berkshire Hathaway’s reputation and its associated principles of integrity and financial stability in everything we do.”

Berkshire Hathaway HomeServices® unites proven operational excellence, demonstrated integrity and the reputation of Berkshire Hathaway—among the world’s most admired companies, according to Fortune’s 2012 ranking—to deliver its real estate franchise offering in the market. This combination enables brokers and affiliates to attract and retain the best agents to provide superior customer service and to drive performance and profitable growth. Berkshire Hathaway HomeServices® will be available in 2013.

“The strength of the Berkshire Hathaway name, coupled with the operational excellence of HomeServices and the franchising experience of Brookfield, positions Berkshire Hathaway HomeServices® as a leading real estate franchise in the U.S., building on our traditions of exceptional client service and innovation. Brookfield is excited to be a partner in creating a home for the best real estate brokers and agents in the country,” said Bruce Flatt, Brookfield Asset Management CEO.

Berkshire Hathaway HomeServices® will be led by an experienced management team including Earl Lee, Chief Executive Officer; Stephen Phillips, Chief Operating Officer; Brian Peterson, Chief Financial Officer and Aleya Chattopadhyay, Chief Marketing Officer.

“As the real estate market resets and builds, this is the perfect time to start a new chapter with such exceptional companies as Brookfield, Berkshire Hathaway and HomeServies of America,” said George Bruns, CEO of Prudential Select Properties. “We look forward to our future with Berkshire Hathaway HomeServices® and the resulting exposure it will bring to homes listed with our agents.”

Coming Soon to St. Louis, A New Brand in Real Estate

We are excited to announce the name of a new brand: Berkshire Hathaway HomeServices®. Earlier this year, Brookfield embarked on a search for a compelling brand to support the conversion of Prudential Real Estate franchise members and enable franchise expansion. HomeServices is providing this new brand called Berkshire Hathaway HomeServices®. The new partnership combines our franchise system Prudential Select Properties, with one of the most respected, like-minded companies in real estate – HomeServices of America, Inc., a Berkshire Hathaway affiliate. Together, we share core values and our long-term belief and commitment to the residential real estate market.

This new brand joins an existing franchise family that includes Prudential Real Estate and Real Living Real Estate. Berkshire Hathaway HomeServices® will be available in 2013. The new partnership is in the process of putting together a franchise disclosure document and over the coming months, it will unveil the new visual identity and logo, announce new partners, and provide new details on the overall value proposition.

Berkshire Hathaway HomeServices® is grounded in the financial strength and the deep traditions of HomeServices and Brookfield. The brand brings together proven operational excellence, demonstrated integrity and the Berkshire Hathaway reputation — one of the world’s most trusted and valued companies — to deliver the best and most respected real estate offering in the marketplace.

The new partnership is among the few companies to be entrusted to use the Berkshire Hathaway brand name with consumers, and will convey the strength of Berkshire Hathaway’s reputation through its core values of integrity, stability and longevity. We believe this is the best possible combination in the industry, based on qualities that are essential to our affiliates: financial strength, unparalleled reputation, operational excellence plus the foundational values of trust, integrity, stability and longevity.

Brookfield and HomeServices have formed a joint venture (HSF Affiliates LLC) and will operate the affiliate networks of Prudential Real Estate, Real Living Real Estate and the future Berkshire Hathaway HomeServices® brand. HomeServices and Brookfield have joint ownership of the new company, with HomeServices having a majority share.

Earl Lee will lead HSF Affiliates LLC as chief executive officer, Stephen Phillips as chief operating officer; Brian Peterson as chief financial officer and Aleya Chattopadhyay as chief marketing officer. Ron Peltier is chairman and CEO; Robert Moline is president and COO. The company will be based in Irvine, California.

HomeServices is the nation’s second largest, full-service residential brokerage firm with 26 real estate companies, more than 350 offices and more than 16,000 agents. In 2011, the company generated nearly $32 billion in closed sales. HomeServices has been a valued member of the Prudential Real Estate network for many years. In addition to owning a network of independent residential real estate brokerage companies that have retained their original market branding, HomeServices’ network contains several Prudential Real Estate franchises including Prudential California Realty, Prudential Carolinas Realty, Prudential Connecticut Realty, Prudential First Realty, Prudential Northwest Realty Associates, Prudential Northwest Properties, Prudential Rhode Island Realty, Prudential York Simpson Underwood Realty, and Prudential Yost & Little.

The announcement does not introduce any immediate changes to our business processes, resources or interaction with Prudential Real Estate and Real Living Real Estate affiliates. The two networks will continue to operate independently. Work continues on Berkshire Hathaway HomeServices® value proposition and brand position. Over the coming months the new partnership will unveil its visual identity, new partners and value proposition offering as well as more detail on our conversion plan.

We believe that timing couldn’t be better for Berkshire Hathaway HomeServices®. U.S. real estate is finally showing signs of stabilization after five long years of struggles. Housing inventory is falling around the country and home prices are firming in many markets. Consumers are returning to the market but, understandably, they are cautious. The stage is set for a new brand – one that delivers superior service, integrity and professionalism. The brand is right for today and tomorrow.