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The Latest Breaking News on Real Estate

ED seizes documents of Patna-based realty firm for cheating homebuyers

ED seized incriminating documents, digital material, 119 bank accounts, four Insurance Policies and two luxury vehicles in connection with searches it conducted at various locations in Patna, Varanasi, Lucknow and New Delhi against a real estate company . Read further On Dynamite News:

Dynamite News

Amanda Staveley reveals Newcastle takeover fee truth as Chelsea owner Todd Boehly 'makes a bet'

Newcastle United's owners bought the club for £305m back in October, 2021 and that fee has come to represent something of a bargain given what Chelsea went for

Chronicle Live

The average house price in Wales falls by nearly £4k

New figures from the Principality Building Society show the first quarter-on-quarter fall since the pandemic

Wales Online

From analysis to the latest developments in health,
read the most diverse news in one place.

Why Investing in Debt-Free DST Properties Makes Sense Today

Headlines about world-class real estate firms being forced to relinquish assets show the dangers of investing in leveraged real estate.

Kiplinger

‘We made a nuisance of ourselves’: how Citizens House created real affordable housing – for ever!

After years of campaigning, 11 homes have been built as London’s first community land trust – protected in value from the volatile property market. We meet the people who made it happen

The Guardian - UK

What does the Reserve Bank of Australia review mean, and how will it affect interest rates and mortgage payments?

A scathing review of the Reserve Bank of Australia is set to deliver a shake-up of the central bank not seen in a generation. Here's what it means for interest rates, your mortgage, and RBA governor Philip Lowe.

ABC News

Edinburgh pensioner threatened with sheriff officers over 'phantom' council tax debt

Bob Bell, 73, got into a panic when he received the 'phantom bill' from the council on April 14 for his quarterly council tax which he paid over two weeks ago at the end of March.

Edinburgh Live

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Former West Lothian abattoir to be used for housing after lying derelict for 20 years

The site on Whitburn Road was vacated in the late 1990s and has long been earmarked for new housing

Daily Record

Hobart council powerless as another rental becomes Airbnb, but there may be a solution

Zac Lewin and his housemates are the latest Hobart renters to face having their accommodation converted to an Airbnb. Sixteen objections to the landlord's application could not stop it.

ABC News

More Americans are losing their homes as foreclosures on US properties rise

U.S. foreclosure filings jumped 22% in the first quarter compared to the same period a year ago, according to a report from real estate data analytics firm ATTOM.

Tribune News Service

Urban Splash and Grosvenor announce £10m partnership

Manchester developer says 'It will allow us to acquire more development sites so that we can add to our ever-increasing pipeline'

Birmingham Post

London house prices: every borough ranked from most to least expensive after a year of dramatic rise and falls

Where does your area lie in the London house price ranking?

Evening Standard

Landlords in Edinburgh 'bullying' tenants into rent hikes above price cap or face eviction

Landlords are currently unable to increase rent prices unless their tenants agree, though some are being pressured into accepting increases due to to fears of being evicted or even higher rent once the cap ends.

Edinburgh Live

Trump facing trial: What to know about the E Jean Carroll rape defamation case

Nearly three decades after E Jean Carroll claims Donald Trump raped her in a dressing room, and three and a half years after she filed a defamation lawsuit against him, the pair are set to face off in court. Andrew Feinberg explains the case

The Independent UK

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Nottingham Post

Hundreds of homes to be built near Nottinghamshire town after planning battle

The 322 properties will be part of a brand-new housing development at a 33.35-acre site in Beck Lane, Sutton-in-Ashfield

ABC News

Viv Oldfield adds Middle Creek Station to vast property portfolio

Viv Oldfield adds well-situated Middle Creek Station, south of Katherine in the Northern Territory, to his vast property portfolio.

The Guardian - AU

Victoria unveils $15m rescue package for Porter Davis customers after builder’s collapse

Daniel Andrews says about 560 families lost deposits due to the company’s failure to take out insurance on their behalf

The Guardian - AU

The RBA review ignores the global failure of inflation management to prevent financial chaos

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Newcastle Herald

What $1 million get you in Newcastle and Lake Macquarie?

Check out these properties on the market for $1 million and under.

ABC News

Porter Davis clients left without homes or insurance to have deposit repaid by Victorian government

The Victorian government says it will reimburse deposits paid to home builder Porter Davis by about 560 families who were left without a home or insurance when the company collapsed.

AAP

Victorian govt to bail out 560 Porter Davis customers

The Victorian government will stump up $15 million to pay back 560 Porter Davis customers who paid a deposit, but never had insurance filed by the company.

The Texas Tribune

As Texas college students struggle with affordability, UT-Austin launches program to offset on-campus housing costs

Demand for on-campus housing has gone up across the country as off-campus costs have skyrocketed and students seek more affordable options.

The Independent UK

IWG Chief Executive: “We have an amazing opportunity to add to human happiness and efficiency”

IWG Founder and CEO Mark Dixon on why he believes his role is as much to do with HR as it is commercial property – and how hybrid working is empowering people to work more effectively, efficiently and happily everywhere

ABC News

Builder of Sydney house that partially collapsed was reported over safety breaches at another site a day before incident

New South Wales building commissioner David Chandler reported a building site over safety concerns only a day before a completed home it had built collapsed on Good Friday.

Bangkok Post

Making big waves

Srettha Thavisin is setting out to whip up an "economic tsunami" and ride it to election victory with a promise of kicking the pandemic-battered economy into high gear.

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