The founder of Warburg Realty Frederick Warburg Peters is joining Brown Harris Stevens. The New York-based firm announced Peters’ move on Thursday.
Peters founded Warburg Realty in 1991 before selling it to Coldwell Banker in 2021.
Home prices rose in more than 80% of U.S. metro areas in the first quarter of 2025 — even as affordability remained stretched and fewer markets posted double-digit gains.
According to the National Association of Realtors (NAR), 189 of 228 metro areas (83%) saw year-over-year increases in the median price for existing single-family homes. That’s a slight decline from 89% in the fourth quarter of 2024.
Nearly 30% of U.S. homeowners would consider tapping their home equity via products like a home equity line of credit (HELOC) due to ongoing concerns about the economic climate, stemming from a rise in volatility and uncertainty over the past three years.
This comes from survey data collected by MeridianLink, a software vendor for the financial services and consumer reporting industries.
A surge in commercial real estate transactions helped drive solid first-quarter 2025 earnings for the country’s largest title insurers.
First American Financial, Fidelity National Financial, Old Republic International and Stewart Information Services all reported year-over-year gains in commercial title revenue. Leaders at each company pointed to improved demand and strategic investments in growth.
Keller Williams has a new training program for KW-affiliated agents looking to up their game this summer.
On Thursday, the firm announced that it is welcoming Michael Maher to the KW MAPS coaching team. Maher will lead a referral training program at KW MAPS.
The housing affordability and inventory crisis across the nation has run into many legislative and logistical challenges at the state and local levels. But lawmakers in the state of Washington have demonstrated their housing priorities by sending a package of 10 bills to the desk of Gov. Bob Ferguson (D).
Craig Steinley, the vice president of the Appraisal Institute, has been accused of sexual harassment by 12 current and former employees of the trade group.
An expose published Thursday by The New York Times surfaced the allegations against Steinley, who is also a former president of the institute. The accusations from multiple women range from lewd comments about their bodies to groping.
The drama involving the San Diego Association of Realtors (SDAR) and San Diego MLS (SDMLS) is ramping up.
Last month, Michael Mercurio, the former CEO of SDAR and SDMLS, filed a lawsuit alleging that he was wrongfully terminated. This comes as a separate suit against Mercurio is slated to go to trial in October 2025.
An analysis released Thursday by MortgageResearch.com suggests that the average new college graduate likely won’t be able to afford a home until April 2034 — nearly 10 years after graduation — due to a triple burden of surging home prices, student loan debt and modest entry-level salaries.
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