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The Latest Breaking News on Real Estate

721 Exchange to Defer Taxes: Pros and Cons

721 exchanges, or UPREITs, can be an excellent tax mitigation strategy for real estate investors, though they’re not perfect for everyone.

Kiplinger

Awaab Ishak landlord to plough £45m into improving homes as former top exec let go

Rochdale Boroughwide Housing was shamed over the death of two-year-old Awaab Ishak last year

Manchester Evening News

Ambulance staff carried woman up street in her nightie due to parking 'hell' at flats

One resident said she felt people had been "left to put up with it, like we just don’t matter.”

Liverpool Echo

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read the most diverse news in one place.

What are the pros and cons of ‘no-deposit’ mortgage deals for first-time buyers?

The launch of a new deal from Skipton Building Society has put the spotlight back on 100% mortgages, so could one be right for you? By Vicky Shaw.

The Independent UK

Inside Ange Postecoglou's mansion as Celtic boss puts luxury £1.6m Melbourne home on the market

The Parkhead gaffer is well settled in the east end of Glasgow and is now flogging his property Down Under.

Daily Record

Stannington housing development 'looking better' after councillors slammed Bellway

Residents were forced to back a petition to solve issues on the site

Chronicle Live

Why is Christine not in Selling Sunset season 6? Everything you need to know

Why is Christine not in Selling Sunset season 6? Here's everything you need to know on why the Queen Bee isn't in the latest season.

WhatToWatch

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Home Bargains founder becomes the wealthiest Liverpudlian in history

The wealthiest people in the North West have been named

Liverpool Echo

Dubai's next big thing? Perhaps a $5 billion man-made 'moon' as the city's real estate market booms

A proposed $5 billion real estate project wants to take skyscraper-studded Dubai to new heights — by bringing a symbol of the heavens down to Earth

The Independent UK

Singapore's rent growth set to cool

SINGAPORE: Rental growth in Singapore is expected to moderate for the rest of this year on more supply and macroeconomic headwinds, providing some respite for tenants struggling with soaring housing costs.

Bangkok Post

A (mush)room of one’s own: Italian ‘mushroom house’ in Smurf Village on sale for third of London flat price

The property is part of Smurf Village: a collection of mushroom-inspired houses in northern Italy.

Evening Standard

New housing minister promises swift action on shortage

Queensland's new housing minister has vowed to act quickly on the shortage of affordable accommodation as she faced renewed calls to use a quarantine facility.

AAP

What's hot: Clearance rates on the rise as regional auction numbers keep climbing

CoreLogic expert says auction activity across Australia's regional markets is on the rise.

The Canberra Times

White House vows more federal aid to reduce homelessness in 5 cities and California

Five major U.S. cities and the state of California will receive federal help to get unsheltered residents into permanent housing

The Independent UK

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ABC News

Hobart rental market listings jump 37pc in a year, but reasons unclear

Hobart has seen a big jump in the number of properties on the rental market in the past year, but the reasons are unclear and many properties are still unaffordable.

Tribune News Service

Bankrate: Existing-home sales, prices decline again

The housing market remained soft in April, a new report by the National Association of Realtors (NAR) shows. Sales of existing homes — previously occupied properties, rather than newly built homes — resumed their long downward slide. The number of sales in April was off 3.4% from last month and…

Zenger

Real Estate Pioneer Samuel Zell Has Died At 81

Zell left a legacy and an impact in the real estate industry as well as he took his company public in the New York Stock Exchange.

Nottingham Post

Michael Gove says £20m hub at derelict Mansfield Beales store will help town fulfil ‘potential’

The large department store closed its doors in 2019 after Beales went into administration and has remained vacant ever since

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ABC News

International students faced with housing and cost-of-living stress say they were misled about Australia

International students say they are being blamed for the rental crisis, but they're also facing housing stress and exploitation. Their horror stories are being shared back home and other students are now ditching plans to come to Australia.

ABC News

Rent increases are skyrocketing, but negotiations are still happening. Here's how people are doing it

If a rent increase is on the cards, here's how you can get on top of it without straining your relationship with the landlord.

Tribune News Service

A few cities are regaining residents after shrinking during the pandemic

The vast majority of American cities are shrinking, but new data shows that a few are regaining residents after population declines early in the pandemic — bolstered, perhaps, by the rapid construction of new homes.

Tribune News Service

Federal judge says Clarence Thomas ethics complaints mishandled more than a decade ago

WASHINGTON — The federal courts’ policymaking body in 2011 mishandled ethics complaints surrounding financial disclosures by Justice Clarence Thomas, a sitting federal judge testified Wednesday.

Chicago Sun-Times

Sam Zell dies at 81; Chicago real estate tycoon owned Tribune Co.

The billionaire, known as “the grave dancer” for picking up distressed assets, once owned the Tribune Co., which went into bankruptcy.

Birmingham Post

South Shields hotel sold out of administration to Yorkshire firm with plans to invest

The Sea Hotel near Ocean Beach Pleasure Park had continued to trade after insolvency specialists were called in last year

Birmingham Post

Hull's world class connectivity flagged to investors at UKREiiF

Real estate and investment professionals hear all about city's digital advantages as opportunities outlined

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