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The Latest Breaking News on Real Estate

Scripps Sees Progress Towards Selling Off Bounce TV Network

Company reports $13 million loss for second quarter

Broadcasting & Cable

YIMBYism is the Ultimate Localism

If you want "local control" of land use, the best way to do it is let property owners decide how to use their property for themselves.

Reason

Mortgage Rates Drop to Lowest Level Since April 2023. Should You Refinance?

Mortgage rates drop to 6.34%, the lowest level they've been in over a year.

Kiplinger

From analysis to the latest developments in health,
read the most diverse news in one place.

Australian employers want staff in the office - but for many workers home is where the heart is

Ambiguous government directive sends officials into tailspin and highlights employer-worker divide

The Guardian - AU

Riots contribute to 4.8% drop in footfall on UK high streets

This week’s fall blamed on looting fears that kept people stay away from shops as North of England worst hit

The Guardian - UK

Homeowners race to refinance as mortgage rates retreat from 23-year highs

A recent pullback in mortgage rates is spurring more homeowners to refinance their home loan and lower their monthly payments

The Independent UK

Repossession claims in England and Wales at highest in five years

Both bank and landlord cases rise but remain below pre-Covid levels, despite tough cycle of interest rate rises

The Guardian - UK

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Leading London property chiefs see revival in office investment

Derwent London and Savills chiefs expect to see activity return by the year end

Evening Standard

31% annual jump in homeowner repossessions in second quarter of 2024

While many households remain under pressure, the challenges of higher rates and the cost-of-living have started to ease, UK Finance said.

The Independent UK

Persimmon ups housebuilding forecast amid optimism over Labour plans

Builder also says outlook for house sales improving as consumer confidence returns after interest rate cut

The Guardian - UK

Windfall for sellers of Belmont coastal renovation documented on Instagram

The owners tripled the price of the property.

Newcastle Herald

Australia needs permanent supportive housing to end homelessness – and it will pay for itself

Australia needs to provide permanent supportive housing for many reasons. The most compelling reason is simple: it permanently ends homelessness for our most marginalised citizens.

The Conversation

Hundreds of new homes slated for Williamtown PFAS contamination zone

New housing earmarked for Williamtown Red Zone at Fullerton Cove.

Newcastle Herald

3 High-Potential REITs for Real Estate Investors

REITs provide investors with the advantages of real estate ownership without the burden of managing properties. It could be wise to explore investments in robust REITs such as American Tower Corp (AMT), Simon Property Group (SPG), and Gaming and Leisure Properties (GLPI) for real estate investors. Keep reading….

StockNews.com

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The Guardian - AU

A Reserve Bank cut is on the cards by the end of the year – but the property price nightmare is set to worsen

It is essentially impossible to repay a home loan if you are an average household

Evening Standard

How we buy in London now: Londoners at three price points share their journey on the property ladder

Each property sale has its own story. From terrifying pitfalls to magical endings, three sets of London buyers share their experiences

The Guardian - UK

UK house prices ‘to rise through rest of year’ after jump in July

Halifax says average property price in July was £291,268 as lower mortgage rates expected to lead growth

The Independent UK

Average UK house prices rise more than expected

Annual growth rose to 2.3%, the highest rate since the start of this year

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Bored Panda

60 Bad Real Estate Agent Experiences That Got Shared Online

Admittedly, not everyone is cut out to be a realtor. The post 60 Bad Real Estate Agent Experiences That Got Shared Online first appeared on Bored Panda.

The Guardian - UK

UK recovery ‘will accelerate and force Bank to keep interest rates higher for longer’

Niesr forecasts raise doubts over chance of further cuts by Bank of England before end of year

Kiplinger

Where To Get the Most and Least Space as a Renter

In Wichita, Kansas, your $1,500 monthly rent unlocks the door to a spacious 1,400-square-foot apartment. In Manhattan, New York, it barely buys you a 200-square-foot micro-unit.

AAP

Rising cost of living hammers renters and mortgage belt

Higher rents are weighing heavily on Australians receiving government support payments as all households experience rising living costs.

Evening Standard

'London has become unaffordable' — which postcode has seen rents rise 55%?

A five-year view of London rental figures has revealed the stark reality for the capital’s renters.

The Independent UK

In many regions, it's time to start turning some of the garden over to fall vegetables

In many regions, it’s time to start turning some of the garden over to fall vegetables

The Guardian - UK

UK construction sector grows at fastest pace in more than two years

Strong expansion in July amid optimism that Labour’s shake-up of planning laws will increase activity

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