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Gary Mayo Named President of Harmony Homes

Gary Mayo Named President of Harmony Homes

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

Harmony Homes, the Las Vegas-based homebuilding division of The Rhodes Entities, announced the appointment of Gary Mayo as its new president. Mayo comes to Harmony Homes after 27 years as group president at Toll Brothers, where he focused on delivering communities in...
Trump to Push Builders to Increase Home Construction

Trump to Push Builders to Increase Home Construction

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

President Trump announced that he is beginning a campaign to encourage the nation’s homebuilders to create more residences. In a post on Truth Social, Trump stated, “Before I became President, ‘OPEC’ kept Oil prices high. It wasn’t right for them to do that but, in a...
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...
Getty Realty Corp. Acquires $100 Million Houston Convenience Store Portfolio

Getty Realty Corp. Acquires $100 Million Houston Convenience Store Portfolio

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

Getty Realty Corp. (NYSE: GTY), a New York City-headquartered REIT focused on convenience and automotive retail real estate, announced its acquisition of 12 convenience stores for $100 million along with a long-term, unitary net lease with a subsidiary of Now &...
Texas AG Paxton Orders 4 Cities to Halt Property Tax Hikes

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...
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