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The Latest Breaking News on Real Estate

The New Status Symbol For Silicon Valley Tech Elites? Building Giant Statues

If Ross Calvin, a crypto investor and the founder of Parhelion Digital, gets his way, the U.S. will soon have a new monument. The tech leader is currently working to get permission to build a massive statue of the Greek god Prometheus on Alcatraz Island, Bloomberg reports.

Benzinga

Unemployed Dave Ramsey Caller Owes $1.8 Million & Wants Buyer To Take Over Mortgage. 'You're Going To Get In Trouble Because You're Getting Desperate'

He used to analyze risk for a living. Now he's drowning in it.

Benzinga

24-Year-Old Says Quiet Coworker Was Like 'A Ghost'—Then Found Out He's Rich, Drives A $100K BMW, Lives In A Mansion & Only Works Because He's Bored

A 24-year-old woman says her quiet, camera-shy coworker turned out to be living a life straight out of a music video—private jets, luxury cars, and a house with a basketball court. He's not her boss. He's not even in leadership. He's just the guy on her project team who, as…

Benzinga

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Tariffs Are Hurting DIY Car Mechanics, O'Reilly Auto Parts, AutoZone CEOs Say

Price increases from import duties and tariffs on car parts are causing DIY auto mechanics to delay some projects, according to the heads of O’Reilly Auto Parts (NASDAQ:ORLY) and AutoZone (NYSE:AZO).

Benzinga

Dave Ramsey Caller Asks About Buying Silver After Their Friends Hit It Big. 'Dave Ramsey Owns Zero Dollars Of Silver, Or Gold'

A caller on a recent episode of “The Ramsey Show” asked whether buying silver was a smart move after seeing friends get big returns. While it may have looked like a win from the outside, co-hosts Rachel Cruze and John Delony quickly pushed back on the idea.

Benzinga

'No one listened': Havering Council to pay £7,000 to homeless mother left in unsafe housing

The Housing Ombudsman found repeated failings after a homeless mother and her children were left living in unsafe accommodation for nearly two years

Evening Standard

The Victorian government is cracking down on underquoting property agents. What is being proposed and will it work?

New guidelines aim to ensure agents use the most comparable properties when estimating a home’s price, but experts say wider reforms are needed

The Guardian - AU

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Pace Morby Shares How He Bought A $5M RV Park With No Cash And Nets $20K Per Month: 'The Market Of RV Parks Is Going To Triple Over The Next 10 Years'

Real estate investor Pace Morby recently said that he bought a $5 million RV park without putting any cash down and earns $20,000 per month from the property. He used the example to demonstrate the investment opportunity in RV parks and shared how others can capitalize on this under-the-radar asset…

Benzinga

At 26, She Cashed Out $60,000 From Her 401(k) For Fast Food And Band Merch. Financial Auditor Tells Her '$60,000 Would Have Been $1 Million'

Presley, a 27-year-old retail manager from Houston, once had something most people her age only dream about: a $60,000 401(k) balance. But in a moment of financial chaos, she cashed out the entire thing.

Benzinga

Top Earning Cities for Millennials Include Jersey City and Berkeley, Study Says

Across large U.S. cities, millennials earn an average of 8.8% more than the overall median household income, a new SmartAsset study found. But in some places, that gap is much wider, especially in cities like Jersey City, New Jersey, and Berkeley, California.

Benzinga

London families wait 18 years for council home as Government tells Sadiq Khan: 'Build, baby, build!'

Labour MPs spell out full extent of London housing crisis as 330,000 families seek permanent home

Evening Standard

UK house prices rise at fastest rate since January 2025

Halifax says October increase pushes average cost of home to £300k despite uncertainty over possible budget tax changes

The Guardian - UK

FTSE 100 Live 07 November: IAG and Rightmove shares slide, ITV holds Sky talks

ITV has confirmed early stage talks over a possible sale of its broadcasting arm to Sky.

Evening Standard

Social housing to see £7 billion boost as mayors urged to ‘go bold’ with plans

Local leaders in England will be able to specify the types of homes needed in their areas and which sites to prioritise for construction.

Evening Standard

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The Independent UK

Apartment scams are on the rise as renters turn to social media to try to find housing deals

So far this year, FBI received 130 real estate complaints referencing social media sites which totaled around $600,000 in losses

Benzinga

He Hit His Coworker's Car In 2020 And Paid $2,600 For Repairs. Five Years Later, The Car's Still Unfixed And The Coworker Demands More Money

In a recent Reddit post on r/mildlyinfuriating, someone shared a situation that many called absurd, hilarious and legally hopeless. The original poster explained that he accidentally hit a coworker's car in 2020 during a snowstorm. He did the responsible thing: admitted fault and paid $2,600 directly to the coworker so…

Evening Standard

Huge opposition to 2,000 homes planned on London green belt

Thousands sign petition opposing developer’s plans to build homes on green belt site in Bromley

The Guardian - UK

Why Labour lacks credibility when it comes to housing

Letter: Kate Macintosh calls for a cessation of right to buy and highlights hypocrisy within the government

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Evening Standard

'Moving to Islington is impossible for an ordinary person,' local MP Emily Thornberry tells Parliament

London MPs lined up during a debate in the Commons to highlight the scale of the housing crisis facing the capital

AAP

Interest rate cuts might have less impact than thought

Mortgage holders were smashed by the fastest interest rate hiking cycle in decades post-pandemic, but a study has found it did little to dampen spending.

Evening Standard

'Serious housing fraud' uncovered at London council as dozens of homes 'given to people who weren't eligible'

Council worker who 'fraudulently gave houses to people not eligible for them' faces criminal investigation

Benzinga

This 'Big Short' Investor Owns Every Magnificent 7 Stock Except The One He Thinks Has A Cult-like Following

"Big Short" investor Steve Eisman's portfolio includes every stock in the Magnificent 7 except for one, whose shareholders he likened to a cult for their unwavering belief in its long-term future.

The Guardian - AU

‘Poor doors’: affordable housing tenants have to use back entrance to access Barangaroo apartments

Those paying discounted rent at Watermans Residences can’t use pool or gym, either. Critics say segregation ‘a dystopian microcosm of housing inequality’

The Guardian - UK

Bank of England’s decision to keep interest rates at 4% is not all doom and gloom

Close-run vote raises hopes of rates cut in December, with inflation said to have peaked at 3.8%

Benzinga

Wall Street's Most Accurate Analysts Weigh In On 3 Real Estate Stocks With Over 8% Dividend Yields

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.

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