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The Latest Breaking News on Real Estate

Vacant houses in Englewood are priced as low as $5,000 to provide ‘equity’ to potential homebuyers

The Cook County Land Bank Authority is piloting a program to make homeownership more attainable in Englewood, where the majority of the organization’s vacant homes are located.

Chicago Sun-Times

Accused Gilgo Beach serial killer Rex Heuermann pleads not guilty to three murders

NEW YORK -- Long Island architect Rex Heuermann pleaded not guilty Friday afternoon to charges of killing three women in the long-unsolved Gilgo Beach murders — a brutal spree that fascinated and horrified New Yorkers for more than a decade.

Tribune News Service

Suspect in Long Island Gilgo Beach serial killings arrested; identified as architect Rex Heuermann: police sources

NEW YORK -- A Long Island man was arrested in the long-unsolved Gilgo Beach murders of 10 victims in a brutal killing spree targeting young women more than a decade ago, police said Friday.

Tribune News Service

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Alan Evans obituary

Other lives: Professor of environmental economics whose work highlighted the problems of unaffordable housing

The Guardian - UK

Manhattan architect, family man and accused serial killer: Who is Gilgo Beach suspect Rex Heuermann?

A Manhattan architect and father-of-two has been arrested in connection to one of the most infamous unsolved serial killer cases along the East Coast. So who really is Rex Heuermann? Rachel Sharp reports

The Independent UK

Yes in my back yard! Sydney and Melbourne activists demand ‘soft density’ to ease housing crisis

Disparate groups frustrated by lack of affordable properties are taking the fight to Nimbys as they campaign to relax planning curbs and reinvigorate suburbs

The Guardian - AU

Resurfaced gems: 10 homes in London up for sale for the first time in years – including a listed Moorish villa

Right place, right time? These homes haven’t been on the market in decades – so a little modernising may be in order

Evening Standard

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The remarkable surge of interest in plotted developments is an outcome of the pandemic

High- and ultra-high-net-worth individuals are increasingly investing in weekend homes or private villas, built in the peripheries of cities

The Hindu

London house prices: the best and worst-performing London areas — and what to do if you have to move now

Current house price adjustments follow years of significant increases in value. Here’s which London boroughs have outperformed the rest in recent years

Evening Standard

Boston Offers Tax Breaks to Convert Offices to Housing

Can tax incentives boost affordable housing and foot traffic in Boston?

Kiplinger

After Turning 40, Christina Hall Reflects On Her Flip Or Flop Years And Talks What Comes Next

Christina Hall is looking back on her Flip or Flop past, while looking forward to the next decade!

Cinemablend

Dallas Cowboys owner Jerry Jones, a Clarence Thomas benefactor, is a big GOP donor

WASHINGTON — Ongoing scrutiny of Justice Clarence Thomas has drawn yet another Dallas billionaire into the spotlight — though unlike real estate magnate Harlan Crow, Dallas Cowboys owner Jerry Jones is hardly averse to publicity.

Tribune News Service

These 7 California metro areas have the lowest young adult homeownership rates in the country

So you’re in your late 20’s or early 30’s, and you’re thinking about buying your first home somewhere in California. You scroll through housing websites and realize that you can’t afford a single listing.

Tribune News Service

How do you buy a home with little or no credit? Turn rent payments into credit score points

Zhiqiang Su, 50, and Yuping Liang, 50, moved from China to Chicago in 2020, seeking a life with better education opportunities for their now 21-year-old daughter and more freedom.

Chicago Tribune

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The National (Scotland)

Family-owned business makes £10k donation to pioneering project rehoming refugees

A Glasgow charity whose pioneering project to rehome displaced people has been running for over 20 years is being given £10,000 by one of the…

Evening Standard

Overseas-owned London homes forecast to climb over coming year

The estimated value of homes owned by foreign buyers in London stands at £55.2 billion

Evening Standard

Bank of England in interest rate rise dilemma after cloudy GDP picture

There was something in the data for both the doves and the hawks on the Monetary Policy Committee

Evening Standard

Bank of England in interest rate rise dilemma after mixed GDP picture

There was something in the data for both the doves and the hawks on the Monetary Policy Committee

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news in one place.

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Evening Standard

House prices drop for Barratt Developments as rate hikes cause exodus of first time buyers

Average selling prices down 9% to £342, 900 and reservations from new mortgage holders down almost half

The Guardian - UK

UK GDP: mortgage payers’ worst fears are likely to come true

Cycle of interest rate rises are expected to continue after better than forecast economic data

The Guardian - UK

Profits at UK homebuilder Barratt drop as buyer demand slumps

Soaring interest rates and end of help-to-buy scheme blamed for driving away first-time buyers

Wales Online

Campaigners want planning consent quashed for affordable housing scheme on Swansea common land

The 56 homes were given the go-ahead in March this year

Birmingham Post

Rising mortgage rates put pressure on housing market in Wales

The latest market survey from RICS showed house prices are expected to fall between July and September

The Independent UK

House prices fall as mortgage rate rise hits home buyer inquiries and sales

The impact of increased mortgage rates is ‘clearly visible’ in housing market metrics, the Royal Institution of Chartered Surveyors said.

Evening Standard

The hidden price of WFH: home-working costs soar as mortgage crisis pushes up the true price of spare rooms

Home workers who paid a premium for a dedicated workspace have been punished by soaring mortgage payments

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