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The Latest Breaking News on Real Estate

UK economic growth to rebound in late 2024, leading forecaster says

EY Item Club report hands PM new year boost with prediction that inflation drop will allow interest rates to fall to 4% by year end

The Guardian - UK

Homeowners who sold last year banked £102,000 profit on average, data shows

Years of strong price growth meant sellers in England and Wales netted hefty windfall despite fall in house prices

The Guardian - UK

Property investor tax breaks blamed for housing crisis

Scrapping tax concessions for investors and building more social housing is a vital step towards fixing the nation's housing crisis, a campaign group says.

AAP

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The Guardian view on school reform: southern discomfort about the class divide

Editorial: To fight inequality in a highly unequal city, Brighton council is changing its admission policy. It’s a big, bold move

The Guardian - UK

Ministers’ 99% mortgage idea could overheat UK housing market, say experts

Scheme to support first-time buyers that would appeal to young voters reportedly being considered by No 10

The Guardian - UK

Completely gutted blank canvas fixer-upper on Bayswater garden square on sale for £5.75m

This 1950s townhouse recently had £250,000 knocked off the asking price – and there's permitted development to install a lift

Evening Standard

Police hunt alleged $8.7m Melbourne property swindler and warn of ‘pig butchering’ scams

Detectives believe man is targeting single women – while AFP shines spotlight on romance fraud

The Guardian - AU

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Why Todd Chrisley Reportedly Doesn’t Want To Switch Prisons Despite Making Claims About Poor Living Conditions

Todd Chrisley has made disparaging remarks about the prison he's in, but why wouldn't he want to be transferred?

Cinemablend

Revealed: far-right figures try to create Christian nationalist ‘haven’ in Kentucky

Venture fund and real estate startup linked to far-right groups promote residential development as community for rightwingers

The Guardian - US

City Hall told to allow over 1,500 new homes on Poplar's Aberfeldy Estate

Councillors in Tower Hamlets rejected the scheme in February 2023 - but deputy mayor could overturn that decision

Evening Standard

No more helipads? Beverly Hills home renovations blocked until affordable housing built

Judge cites failure of star-studded Los Angeles enclave to sign off on affordable housing plan that addresses city’s need

The Guardian - US

US Existing Home Sales Fall To Lowest Level Since 1995

US existing home sales fell in the final month of 2023, ending a tough year for real estate as full-year sales hit the lowest level since 1995, said industry data released Friday.

International Business Times

5 expert tips for a stress-free house move with kids – and #2 is genius to avoid tears and tantrums

More and more parents are letting their kids take the lead in deciding whether to move home, with one in five saying they’d actually ‘let their kids decide’ the whole shebang

GoodToKnow

Family of seven in one-bed flat 'not overcrowded', south London council says

An 11-month-old baby living in the Brixton flat has been taken to hospital six times, her father says

Evening Standard

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The Guardian - UK

Freeholders living off ‘rentier structure’ with ‘exorbitant’ ground rent, MPs say

MPs questioned freeholder groups in committee hearing over leasehold reform bill

International Business Times

Redefining Property Investment: How MetaWealth's Tokenization Is Changing The Real Estate Landscape

Tokenization is a process in which real estate assets are converted into digital tokens stored on a blockchain, allowing for digital ownership and the transfer of fractional shares.

Kiplinger

Seven Tips These Experts Recommend if You Fear Capital Gains Taxes

Don’t let the fear of taxes prevent you from becoming an investor.

Kiplinger

Commercial Real Estate Outlook 2024: The Kiplinger Letter

In 2024, expect hybrid and work-from-home trends, tighter budgets, rising rents and the demand for data centers to continue.

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Wallpaper

Brooklyn’s Nine Chapel unveils interiors by Gubi

The Guardian - UK

Home Office resumes asylum hotel evictions despite freezing weather

Exclusive: Sadiq Khan calls refusal to extend three-day pause ‘horrifying’ as local authority cold weather protocols continue

The Guardian - AU

Concerns a Sydney apartment complex is at risk of collapse downplayed by NSW watchdog and planning minister

Building commissioner says he is confident defects at 900-apartment complex in Macquarie Park ‘will be rectified’, while minister says faults don’t pose a risk

Newcastle Herald

Lakelands joins the $2 million club after record-breaking sale

The previous suburb record of $1.7 million was set last March.

The Guardian - UK

London council estate resident wins battle over misuse of planning law

Aysen Dennis, who fought gentrification of Aylesbury estate, says high court ruling is ‘brilliant, brilliant news’

Evening Standard

BBC sells off EastEnders set as part of Elstree studios deal in cost-cutting measure

The broadcaster has exchanged contracts with Axa Investment Managers for the 16-acre site

Marie Claire

This NYC Marketing Director Used ChatGPT and Manifestation Techniques to Purchase a $900,000 Home 20 Mins From NYC

A cash gift from family for a down payment helped, too.

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