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The Latest Breaking News on Real Estate

Mortgage market ‘heating up’ but homeowners still face ‘painful’ cost increase despite falling rates

The average rate on a two-year fixed mortgage deal has fallen from 5.92 per cent to 5.87 per cent

The Independent UK

Registration of new apartments comes to a standstill in Chennai and other parts of the State: CREDAI

Registration of apartments in Chennai & other parts of Tamil Nadu halted due to single agreement system with composite valuation methodology, causing concern for home buyers & builders.

The Hindu

Average long-term mortgage rates edge higher, snapping 9-week slide

The average long-term U.S. mortgage rate edged higher this week, ending a nine-week slide that gave prospective homebuyers some breathing room after home loan borrowing soared to the highest level in more than two decades

The Independent UK

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Upscale residential sales surge in Hyderabad in 2023: Report

Hyderabad witnessed a 6% YoY growth in residential property sales in 2023, with 46,985 units launched, & 8.8 million sq. ft. of office space leased.

The Hindu

After the Surfside collapse, Florida is seeing a new condo boom

The 2021 collapse killed nearly 100 people. Regulations passed since then have raised costs for those living in older buildings. Developers want homeowners to sell so they can put up luxury condos.

WEKU

Britain’s housing market may be ‘past peak pain’ but what will 2024 bring?

Second year of falling prices expected though recovery is likely in the second half as interest rates come down

The Guardian - UK

Living in London: essential advice for first-time buyers, renters and homeowners in 2024

Will house prices go up or down? What next for mortgage rates? Where are the best value neighbourhoods now? Your home-buying questions answered

Evening Standard

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Homeowners set to benefit from mortgage price wars, experts say

Lenders set to undercut one another after record number of homes went on market on Boxing Day

The Independent UK

Land tax changes to recoup $1b more from Victorians

An increase in land tax for more Victorians is expected to raise $1 billion more than previously projected, according to the independent budget office.

AAP

Record Boxing Day bounce in sellers coming to market, says Rightmove

The number of buyers contacting estate agents about homes for sale also jumped, the property website said.

The Independent UK

Bring Chicago Home real estate transfer tax would cost renters a lot

It would not make housing more affordable or more available, the president of a property management company writes. And it would not improve the quality of housing.

Chicago Sun-Times

Captain Tom's family's spa pool faces demolition after they fail to issue appeal within deadline

Hannah Ingram-Moore and her husband, Colin, lost an appeal against an order to remove the building in the grounds of the property in Bedfordshire

Evening Standard

Senator Menendez faces new charges in bribery and extortion case

Senator Bob Menendez faces new charges in a superseding indictment, accused of receiving gifts from Qatar and involvement in bribery and extortion schemes....

Top News

Damp and mould: London tops league of rogue landlords criticised by Housing Secretary Michael Gove

Tenants across 11 boroughs were paid more than £200,000 in compensation following special Ombudsman reports into the state of their homes

Evening Standard

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The Guardian - AU

Labor could raise welfare payments for cost-of-living relief without stoking inflation, economists say

Albanese government would need to couple any increases in unemployment benefits and pensions with savings, experts say

The Guardian - AU

‘It’s slipped off the radar’: why are there fewer street trees in regional towns across Australia?

Beyond the tree-lined high streets, many regional towns are lacking tree cover and experts say the reliance on cars could be to blame

Top News

Senator Menendez indicted for accepting bribes from Qatar and Egypt

Get the latest scandal updates as NJ Senator Bob Menendez faces new charges of accepting bribes from Qatar. Will he resign or face more scrutiny?

Evening Standard

No-fault evictions: 'I never thought it would happen to me... until my landlord left a Section 21 notice'

Don't think it will never happen to you — any tenant can be evicted for no reason

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Evening Standard

Selling a home in London: should you try to put your property on the market in 2024 or hold off?

Experts advise homeowners in the capital and its commuter belt on seven strategies to maximise the value of their asset this year

Top News

Shocking Allegations: Menendez's Extended Bribery Scheme Involves Second Country

Get the latest scoop on the legal troubles of Senator Bob Menendez as prosecutors allege a bribery scheme involving Qatar and a real estate developer.

Reason

Pro Se Plaintiff Wins $80K in Libel Lawsuit Against Neighbors

From Poimboeuf v. Merritt, decided today by the N.C. Court of Appeals (No. 23-229), in an opinion by Judge John Tyson, joined by Judges Zachary and Flood; some quick and likely not fully reliable Googling suggests that Poimboeuf wasn't trained as a lawyer, though Riselvato had been a paralegal: Kevin…

Latin Times

Bob Menendez Faces New Allegations: Introducing a Qatari Royal Family Member to a NJ Businessman

The latest indictment doesn't add new charges but details further actions by the embattled senator

Top News

Democrat Senator Menendez faces new allegations in bribery scheme

New Jersey Senator Bob Menendez faces new allegations of bribery and corruption, this time involving Qatar. The senator denies any wrongdoing and goes to t...

WEKU

Updated indictment adds details to bribery conspiracy charges against Sen. Menendez

The indictment says the senator connected one of his co-defendants with a member of the Qatari royal family who invested in the businessman's multimillion-dollar real estate project.

StockNews.com

3 Home Improvement Stocks Setting up for Potential New Year Gains

The home improvement industry's outlook looks bright, driven by factors such as falling mortgage rates, easing inflation, a rise in DIY projects, increasing disposable income, and a growing interest amongst homeowners to undertake renovation projects. Thus, it could be wise to buy home improvement stocks La-Z-Boy (LZB), Hooker Furnishings (HOFT),…

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