eXp Expands Brokerage Presence in California and Canada

by Phil Hall | May 12, 2026 | Current News & Events, International Real Estate News, Real Estate News, U.S. Housing Market, WRE News Exclusive

eXp World Holdings Inc. (NASDAQ: AGNT) has announced an expansion of its brokerage network in California and Canada. In California, the company’s NextHome subsidiary launched two new Southern California brokerages through its large-office franchise model: NextHome...

Report: NYC Mayor Mamdani Drops Plan for 9.5% Property Tax Hike

by Phil Hall | May 12, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

New York City Mayor Zohran Mamdani is reportedly planning to drop his controversial plan to close the $5.4 billion municipal budget deficit by raising property taxes. WNBC is reporting the mayor’s scheduled budget presentation for later today will include other...

Maine’s Home Sales and Prices Up in April

by Phil Hall | May 11, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Maine’s housing market enjoyed a spring thaw, with 983 home sales in April. That marked a 3.36% increase from the 951 sales recorded one year before. According to the Maine Association of Realtors, the median sales price statewide increased 2.72% to $410,865 from the...

Blackstone Subsidiary Launches Lending Platform for Homebuilders

by Phil Hall | May 11, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Blackstone (NYSE: BX) announced that its Blackstone Real Estate Debt Strategies (BREDS) subsidiary launched a lending platform for homebuilders that is designed to enable the construction of over 50,000 for-sale homes annually. The new lending platform is supported by...

Portland High-Rise Acquired for $63 Million

by Phil Hall | May 11, 2026 | Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Guardian, a real estate investment and operating platform focused on multifamily properties, has partnered with PCCP LLC to acquire Ladd Tower, a 23-story residential high-rise in Portland, for $63 million. Built in 2009 and LEED Gold certified, the 322-unit Ladd...