During the week ending August 16th, Manhattan saw 282 listings added to its real estate roster, while 302 contracts were signed, almost 100 more than the historical average (see chart courtesy of UrbanDigs below). This suggests… More
Real estate agents perform a critical function in the American housing landscape, bringing buyers and sellers together and making certain each side is responsibly represented. Recently, however, a number of class-action lawsuits and a Department of… More
The clients suited the property perfectly. They had strong liquid assets, excellent jobs, and lovely reference letters. They seemed like a shoo-in for the board of the pleasant, undistinguished Carnegie Hill co-op in the East 90s…. More
Originally published on Forbes. Half of all homes sold in the U.S. today trade at over the asking price. There are, on average, a little over five offers for every home sold in 2021. Days on… More
Originally published on Forbes. Every June, New Yorkers celebrate Pride. From the extraordinary bravery of the young people at Stonewall, through the terrible years of the AIDS crisis when everyone in New York lost friends or… More
Memorial Day weekend has ushered the summer in. Has it also ushered the superheated New York real estate market out? Is buyer interest still seasonal? Will June 15 see all our prosperous families decamping to their… More
What do buyers and sellers need when they select a real estate agent? Are they looking for expertise? Reputation? The latest tech tools? Familiarity with the neighborhood? Or do they conclude that their sale or purchase… More
FREDERICK W. PETERS
is Chief Executive Officer of Warburg Realty Partnership. A graduate of Yale College with a Masters Degree from CUNY, Frederick entered the real estate business as a residential agent in 1980. After working as a Sales Director at Albert B. Ashforth for a number of...