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The Latest Breaking News on Real Estate

U.S. Housing Boom Benefits Downsizers As Market Soars

Appreciation in property values creates windfall for homeowners looking to downsize, says Zillow economist.

Zenger

As Trump’s presidential chances get better, his legal and financial woes get worse

Trump and his adult sons could lose business licenses and face up to $250m in penalties – even as he rises in the polls

The Guardian - US

2 Top-Rated Retail REIT to Buy, and 1 to Watch

Amid the uncertain macroeconomic conditions, investing in REITs could help stabilize one’s portfolio through steady dividend income. Therefore, buying top-rated retail REIT Alexander’s (ALX) could be wise. On the other hand, investors could continue to watch retail REITs EPR Properties (EPR) and Saul Centers (BFS) for appropriate entry points. Read…

StockNews.com

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Where are the homes? Glaring need for housing construction underlined by Century 21 CEO

The highest mortgage rates in more than two decades are keeping many prospective homebuyers out of the market and discouraging homeowners who locked in ultra-low rates from listing their home for sale

The Independent UK

3 Homebuilder Stocks Priced Under $50 to Buy Today

Despite turbulent market conditions and escalating interest rates, the long-term outlook for the housing market remains bright. Hence, it could be wise to scoop up the homebuilder stocks Five Point Holdings (FPH), Taylor Morrison Home Corporation (TMHC), and Sekisui House (SKHSY), trading under $50. Read more….

StockNews.com

London house prices fall over £20k on average as mortgage rates bite but full crash ‘unlikely’ say experts

House prices have fallen 3.8 per cent since interest rate hikes began, but demand for homes still outweighs supply

Evening Standard

Millions in poor housing in England suffer ill-health due to legal delays, says Shelter

Exclusive: Campaigners concerned that opposition from Tory MPs is delaying legal protections for renters

The Guardian - UK

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Letitia James: the fearless attorney general threatening Trump’s business

New York top prosecutor will take on her biggest case yet – a fraud trial that risks the foundation of Trump’s real estate holdings

The Guardian - US

Trump’s civil fraud trial to begin in New York: What to know

This trial could determine whether Trump and his family can continue to do business in New York.

Al Jazeera

Menashe Properties takes a chance on West Loop’s elusive revival

In the first sale of a downtown building in more than a year, buyer Menashe aims to be ready as tenants move or expand their space.

Chicago Sun-Times

Donald Trump's business fraud trial wraps up day one in New York

Former President Donald Trump and two of his children are accused of exaggerating the value of their real estate.

WEKU

Trump real estate case: what to know about the civil fraud trial

The future of Trump’s New York real estate business will be decided in a Manhattan court case kicking off on Monday

The Guardian - US

UK house prices drop 5.3% with falls in every region, says Nationwide

High interest rates blamed for year-on-year fall with price of average home £14,500 lower than September 2022.

The Guardian - UK

Furious ‘Chelsea-on-Sea’ residents vote to ban second homes ‘hollowing out’ seaside village

Burnham Market was given the nickname because of the large proportion of Londoners with property there.

The Independent UK

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The Independent UK

Average UK house price £14,500 lower in September than a year earlier

Some experts suggested that the house price downturn may only have a few months left to run, amid wider developments in the economy.

The Guardian - UK

Sharon White stepping down from John Lewis; UK house prices fall at fastest rate since 2009 – as it happened

John Lewis chair Sharon White will not seek second term at retailer, as Nationwide reports UK house prices fell 5.3% in year to September

The Guardian - UK

Should we add our children’s names to our buy-to-let mortgage?

The sentiment is positive but adding names may lumber your offspring with debt, mortgage and tax issues

Evening Standard

London house prices still falling, but more slowly, Nationwide House Price Index says

Prices were still down 3.8% year-on-year, but that a smaller decline than in the second-quarter update

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AAP

Cost of living spokesman defends real estate portfolio

A state opposition's newly appointed spokesman on the cost of living has defended stepping into the role despite holding many real estate interests.

The Independent UK

Donald Trump says he will be in courtroom for New York trial scrutinizing his business practices

With control over some of his most prized real estate holdings in jeopardy, former President Donald Trump says he will make a rare, voluntary trip to court Monday for the start of a civil trial in a lawsuit that has already resulted in a judge ruling that he committed fraud…

AAP

Housing recovery entrenched but pace of growth eases

Home values continue to rise but growth has slowed amid more advertisements for stock and the toll of higher interest rates and cost of living pressures.

The Independent UK

25% of young new mortgage holders ‘have terms of at least 35 years’

People may be searching for longer terms to keep their monthly repayments down, Experian said.

The Guardian - AU

Australia’s public housing towers are regarded as dated and ugly. But what will happen when they’re gone?

While many residents agree the flats are past their useful life, sudden announcements about the demolition of their homes has caused shock and anxiety

The National (Scotland)

Licensing scheme for short-term lets comes into force in Scotland

THE licensing scheme for short-term lets has come into force across Scotland.

Evening Standard

Class act: 10 of the best flats for sale in old school buildings, from Bow to Battersea

For warehouse-style features with a little more warmth, London’s former schools offer quirky Victorian, Edwardian and Brutalist stock

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