May 2025

NAR: Home prices are up in 83% of metros

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...

Frederick Warburg Peters joins Brown Harris Stevens

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.  Frederick Warburg Peters “The choice of Brown Harris Stevens was an easy one for me,” Peters said in a statement. “Hall Willkie has been a peer and a good...

Huffines Communities Announces Sale of Heritage Towers, a Premier Multifamily Asset in Lewisville, Texas

Dallas, TX - Huffines Communities, a leading residential developer in the Dallas-Fort Worth Metroplex, is pleased to announce the sale of Heritage Towers, a 282-unit luxury apartment community located in Lewisville, Texas. Completed in mid-2023, Heritage Towers established itself as a market leader, achieving 95% occupancy within its first year. The community was recognized as a finalist in several...

Disney Announces New Landmark Theme Park Resort in Abu Dhabi

This will be the seventh Disney theme park globally The Walt Disney Company and Miral, Abu Dhabi's premier developer of immersive destinations, have unveiled plans to develop a groundbreaking Disney theme park resort on Yas Island, marking a historic expansion of Disney's global footprint. Set along the scenic Yas Island waterfront--already a world-renowned hub for entertainment and tourism--the upcoming...

Zillow posts strong Q1, touts listing transparency and app traffic

Zillow reported a strong start to 2025, exceeding its first-quarter 2025 outlook with $598 million in revenue, up 13% year over year. The company also posted $153 million in adjusted EBITDA and achieved GAAP profitability — driven by cost management and margin expansion, leaders said. During an earnings call on Wednesday, CEO Jeremy Wacksman said the company remains on track to meet its full-year...

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