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The Latest Breaking News on Real Estate

Landlords angered by minister saying their renters’ reforms fears are ‘alarmist’

In a letter sent to Matthew Pennycook, landlord organisations say he misrepresented their position on ‘no-fault’ evictions.

The Independent UK

Average rate on a 30-year mortgage in the US rises to highest level since July

The average rate on a 30-year mortgage in the U.S. edged closer to 7% this week, climbing to its highest level since July

The Independent UK

Sales Of Existing US Homes Rise In October

Sales of previously owned homes in the United States picked up in October, industry data showed Thursday, fueling hopes that a slump in the sector may be ending.

International Business Times

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3 Up-and-Coming REITs in Growing Market Segments

The REIT industry is shifting, with sectors like industrial, healthcare, and real estate financing gaining traction. Hence, fundamentally sound REIT stocks STAG Industrial (STAG), Ladder Capital (LADR), and Global Medical REIT (GMRE) might be ideal buys now. Continue reading.

StockNews.com

US home sales rose in October, notching their first annual gain in more than three years

Sales of previously occupied U.S. homes rose in October, the first annual gain in more than three years, with home shoppers encouraged by easing rates and a pickup in properties on the market

The Independent UK

Wembley: Plans for £41m 318-room 'aparthotel' and seven tower blocks both approved

The Wembley Hill complex will be made up of 318 short-stay apartments near Wembley Central station

Evening Standard

50 Painfully Spot-On Memes That Anyone Above 30 Might Relate To (New Pics)

Whether dreaded or not, turning 30 can still be a big milestone, worthy of meming and joking about. The post 50 Painfully Spot-On Memes That Anyone Above 30 Might Relate To (New Pics) first appeared on Bored Panda.

Bored Panda

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Ministers considering extending period before tenants eligible for Right to Buy

The Government also said it was considering measures which would see social housing replaced on a one-for-one basis in future when sold.

Evening Standard

Rayner announces plan to tighten up right to buy council homes in England

Consultation launched on increasing socially rented housing stock by limiting criteria allowing tenants to buy

The Guardian - UK

Ready to quit the city? The bush might not be ready

The number of city-slickers looking to escape to the country is growing, but progress to improve housing, education and health in the regions has stalled.

AAP

Annual house price growth accelerated in September – ONS

Experts have also warned that Wednesday’s jump in inflation could bring further headaches for mortgage borrowers.

The Independent UK

Plans for 30 homes to be built on Hornchurch car park but 67% of nearby residents against it

Nearby households expressed concerns about the impact on infrastructure and “overpopulation,” adding that open space was more important than building new homes

Evening Standard

£600m redevelopment plans for long-derelict swathe of north London to be unveiled

Alongside redevelopment of the leisure centre, the scheme is expected to deliver more than 1,000 new homes, as well as new parks and green spaces, a new 263-room hotel, and workspaces

Evening Standard

Inflated farmland prices blocking government from building enough homes

Since the 1960s, local authorities buying up land under compulsory purchase orders have been required to pay inflated prices

The Independent UK

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The Independent UK

‘Chummy’ UK-UAE links could stifle efforts to free detained Briton, warns family

Ryan Cornelius has been detained in the United Arab Emirates since 2008.

Marie Claire

Princess Beatrice's Husband Is Reportedly Helping Prince Andrew with Major Task Amid Royal's Issues in Recent Months

Edoardo Mapelli Mozzi is allegedly stepping up to help.

Kiplinger

Winners and Losers of Fed Rate Cuts

Navigating interest-rate changes can seem daunting, but these areas of the fixed-income market could perform better (or worse) than others.

The Independent UK

Tackling estate planning in 7 basic steps

Estate planning is one of those tasks that makes almost any other job look appealing, no matter how lowly

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news in one place.

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The National (Scotland)

Almost 90 per cent of short-term let applications refused by Edinburgh Council

Nearly 90 per cent of all planning applications to convert properties into Airbnb-style accommodation in Edinburgh have been rejected since new…

Evening Standard

'Extremely challenging': London's richest borough consults on cuts as housing bill leaves £40m budget hole

Kensington and Chelsea council said it will need to make some ‘difficult decisions’ as it seeks to plug its budget hole

Kiplinger

First-time Homebuyers Are Older Than Ever, Survey Reveals

First-time homebuyers are now in their late 30s and jostle with cash-rich buyers in the race to buy a home, new research from the National Association of Realtors has found.

The Guardian - UK

Average asking price for UK home drops by £5,000 in November

Analysts say market is still relatively busy despite decline of 1.4%, which is unusually high for this time of year

The Guardian - AU

Hey, architects: hands off my dog-box apartment! It may be small and dark, but it beats the alternative

Of course more space and light is desirable, but banning basic apartments means more displacement, homelessness and overcrowded sharehouses

International Business Times

Zillow Head Stepping Down After 12 Years

Company President Susan Daimler, announced her resignation in a candid LinkedIn post

Latin Times

Latino Mobile Home Residents File Lawsuits Over Discrimination and Unsafe Conditions

About 1.32 million of the 7.22 million mobile home residents in the U.S. — or 18% — identify as Hispanic, according to the American Housing Survey

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