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The Latest Breaking News on Real Estate

Londoners face shocking 25-year wait for council homes as capital's housing crisis deepens

More than 335,000 Londoners sit on housing waiting lists - the highest number of any English region

Evening Standard

Thousands of anxious London first time buyers in race to beat stamp duty deadline

London property debutantes face extra bills of up to £11,250

Evening Standard

‘I feel trapped’: how home ownership has become a nightmare for many Americans

Scores in the US say they’re grappling with raised mortgage and loan interest rates and exploding insurance premiums

The Guardian - US

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Bold or a ‘capitulation’? Victoria’s premier claims Labor’s reworked building goals are still on target

The final state housing targets have seen a reduction in numbers, but the overall goal of refocusing growth into Melbourne’s inner core remains

The Guardian - AU

Grosse Pointe Garden Society review: quirky garden club plants an entertaining, soapy dramedy

Mystery, intrigue and wit aplenty, here's our review of Grosse Pointe Garden Society.

WhatToWatch

‘It’s disgusting that they can get away with this’: here’s how eviction can affect tenants’ lives

For people relying on rental properties to keep a roof over their heads, there are few things more scary than the possibility of being evicted from their home.

The Conversation

How to solve the house price conundrum? Look no further than Gwynedd in Wales

As the UK government puts faith in construction, one council has lowered costs by cracking down on second homes and holiday lets

The Guardian - UK

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Stock Market Today: Dow Dives 748 Points as UnitedHealth Sells Off

A services-sector contraction and a worse-than-anticipated consumer sentiment reading sent bulls scrambling Friday.

Kiplinger

Defamation/Impersonation Campaign as RICO Violation (with $9M in RICO Trebled Damages)

My sense is that such claims are often made but nearly never win—yet here they did. From Hartman v. Does… The post Defamation/Impersonation Campaign as RICO Violation (with $9M in RICO Trebled Damages) appeared first on Reason.com.

Reason

January home sales fall as high mortgage rates, prices freeze out would-be buyers

Sales of previously occupied U.S. homes fell in January as rising mortgage rates and prices put off many would-be homebuyers despite a wider selection of properties on the market

The Independent UK

Vatican 'let down' in botched London property deal involving The Pope himself, UK Judge rules

Secretariat of State of the Holy See agreed to buy a part-share of a former Harrods depository

Evening Standard

Short-term lets 'hollowing out' London as one in 32 homes used for holiday stays

Analysis by estate agents Savills found that there were 117,000 homes listed for short-term let across London last year

Evening Standard

Texas lawmakers want to make it easier to convert office space into apartments and condos

Supporters hope easing zoning rules will entice landlords to renovate and ease the state’s housing crisis.

The Texas Tribune

Growing ranks of homeless seen as society in decline

An appetite for change has developed among voters as Australia's housing crisis becomes symbolic of wealth inequality, disempowerment and societal decline.

AAP

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The Guardian - UK

John Smith obituary

Other lives: Former deputy leader of Bury borough council who also served as the mayor

The Independent UK

Average US rate on a 30-year mortgage slips to 8-week low after fifth-straight weekly decline

The average rate on a 30-year mortgage in the U.S. eased for the fifth week in a row to its lowest level since late December, a welcome boost for prospective homebuyers in what’s traditionally the busiest time of the year for home sales

AAP

Struggle Street residents last to benefit from rate cut

Rate relief has been delivered to Australian mortgage holders, yet the Reserve Bank governor says renters may have to wait a while longer to gain any benefit.

The Independent UK

What is LTV in mortgages? Martin Lewis explains most important factor for first-time buyers

Understanding this simple concept can save tens of thousands down the line

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news in one place.

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The Guardian - UK

Burglar jailed after being caught out by Home Alone-style bucket trap

Police arrested prolific criminal after homeowners showed CCTV footage of him tripping on string tied to pail of water

The Guardian - UK

New towns must be built on old values

Letters: Readers respond to our editorial about the potential pitfalls in Labour’s plans for new homes and new towns

AAP

Regional house prices rise as capital city values fall

Australia's historically affordable regional housing markets have continued to demonstrate resilience, compared to a price decline in capital cities.

StockNews.com

3 REITs Benefiting from the Remote Work Era

The rise of remote work is transforming real estate, driving demand for flexible workspaces, data centers, and suburban properties. As businesses adapt to this new reality, investors can look to invest in REITS such as Equinix (EQIX), American Tower Corp. (AMT), and Crown Castle (CCI), which seem to thrive and…

The Independent UK

Inflation jumps to 10-month high, knocking chance of early interest rate cut

Consumer Prices Index (CPI) inflation rose to 3% in January from 2.5% in December.

The Conversation

Politics with Michelle Grattan: Danielle Wood on how to trim back housing regulations

Housing supply in Australia will be a key battleground in the election campaign. With home ownership more and more out of reach for young and not so young Australians, red tape and low productivity are strangling the builder industry just when it needs to be stepping up.

AAP

What the interest rate cut means for renters

Renters are hoping landlords will try a little kindness and pass on the benefit of interest rate cuts, but experts warn they shouldn't hold their breath.

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