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Report: 72% More Condo Sellers Than Buyers

Report: 72% More Condo Sellers Than Buyers

by Phil Hall | Oct 6, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new data report by the Rocket Companies (NYSE: RKT) division Redfin has determined there were an estimated 72.3% more condo sellers than buyers (108,945 more) nationwide during August. This marked the fifth straight month in which there have been at least 70% more...
Massachusetts Real Estate Broker Indicted on Embezzlement Charges

Massachusetts Real Estate Broker Indicted on Embezzlement Charges

by Phil Hall | Oct 6, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

The owner of a defunct Massachusetts real estate brokerage has been indicted for embezzlement. Boston 25 News reports Stephen D. Webster, broker and principal with Success! Real Estate in Marshfield, was accused of detouring more than $11.6 million in client escrow...

Texas AG Paxton Orders 4 Cities to Halt Property Tax Hikes

by Phil Hall | Oct 6, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

Texas Attorney General Ken Paxton has ordered four cities to stop their property tax rate hikes amid concerns that the localities are not following new state rules. The Texas Tribune reports that Paxton contacted officials in La Marque, Odessa, Tom Bean and...
Rite Aid Shutters Remaining Stores

Rite Aid Shutters Remaining Stores

by Phil Hall | Oct 6, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The financially troubled Rite Aid pharmacy chain has closed all its remaining stores. Over the weekend, the company posted a message on its website that said, “All Rite Aid stores have now closed. We thank our loyal customers for their many years of support.” The...
Hits and Misses for the Real Estate Week of Sept. 29-Oct. 2

Hits and Misses for the Real Estate Week of Sept. 29-Oct. 2

by Phil Hall | Oct 3, 2025 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Property tax relief gets slow walked in Ohio, HUD weighs in on the government shutdown, and a familiar face returns to lead NAMB. From the wild and wooly world of real estate, here are our His and Misses for the week of Sept. 29-Oct. 3. Miss: A Long, Long Road to...
NJ Democrat Proposes Using Eminent Domain to Seize Trump’s Bedminster Golf Club

NJ Democrat Proposes Using Eminent Domain to Seize Trump’s Bedminster Golf Club

by Phil Hall | Oct 3, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A Democratic candidate for the New Jersey legislature has proposed seizing the Trump National Golf Club at Bedminster by eminent domain as a response to the administration’s freezing of $18 billion earmarked for an infrastructure project. InsideNJ.com reports the...
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