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The Latest Breaking News on Real Estate

As real estate giant prepares to open first office on Chicago's South Side, residents feel torn about the influx of development

CHICAGO — Since moving to Bronzeville in 2007, Vanessa Harris has seen the many vacant lots in the South Side neighborhood get scooped up by developers and turned into $800,000 townhomes, some of them right outside her window.

Chicago Tribune

Crack Alley off Stokes Croft will be 'cleaned up' as student flats approved by planners

The alley leading off Stokes Croft is infamous for drug dealing

Bristol Post

Britain’s two biggest brickmakers see profits jump – but warn of 2023 slowdown

Ibstock and Forterra both reported a 25 per cent jump in sales last year and even better profits growth

Birmingham Post

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Proposals unveiled for new homes on Glasgow’s riverside

The development is planned for the former Snodgrass Flour Mill site, with around 450 jobs created during construction

Insider UK

Saudi Arabia Launches $1b Real Estate Funds to Provide Thousands of Homes

Minister of Municipal, Rural Affairs and Housing Majid Al Hogail inaugurated Restatex Riyadh Real Estate Exhibition 2023 on March 7. The exhibition, being held at Riyadh International Convention & Exhibition Center, will continue until March 10. Several senior officials from government agencies, financing agencies and real estate development companies are…

Asharq Al-Awsat

Edinburgh retail adapts following St James Quarter arrival

Traditional thoroughfares carve out own niches in city with one of the lowest vacancy rates in the UK

Insider UK

Brexit U-turn: Builders to get special immigration status to tackle construction industry crisis

Builders expected to be added to ‘shortage occupation list’ to allow EU labourers to return

The Independent UK

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Hutcheon Mearns launches property advisory service

New division poaches a CBRE director to lead its development

Insider UK

Dumfries and Galloway social housing landlord imposes 6.5 per cent rent hike

The management committee of Loreburn Housing Association said it has no option but to make the increase

Daily Record

Crypto bank Silvergate collapses; HS2 delayed; US jobless claims jump – as it happened

Rolling coverage of the latest economic and financial news, as crypto turmoil leads to an “‘orderly wind down’ and ‘voluntary liquidation’ of Silvergate bank

The Guardian - UK

Black couple settle lawsuit after home valuation soared when white friend posed as owner

The defendants will have to watch a documentary about racism in American real estate as part of the settlement

The Independent UK

Scottish Parliament approves 3% rent cap for private tenants

A moratorium on evictions will also remain in place for at least a further six months

Insider UK

Leo Varadkar blasts back in landlord and tenant row

"When we made the decision that we did, we were taking into account primarily the interests of people who are renting and who are tenants or are future renters. Not just the interest of landlords”

Dublin Live

House buyer demand falls in Welsh housing market

But property professionals in Wales are less pessimistic about activity on a 12-month horizon

Birmingham Post

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AAP

Homicide probe launched after woman's death

A homicide investigation is under way into the death of a woman during a disturbance at a property north of Brisbane.

ABC News

Are you a young home owner with a mortgage higher than the value of your property? We want to hear your story about negative equity

Negative equity — where a home owner's mortgage is higher than the value of their property — is an undesirable situation. If this sounds like something you're experiencing, we want to know.

The Guardian - UK

UK house prices could be stabilising despite falls, say surveyors

Rics data for February shows improvement in new buyer inquiries and sales

Insider UK

Scottish housing activity remains weak, but prices still edging upwards 

Surveyors reported that new buyer demand fell through February

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The Independent UK

Demand from house hunters fell for tenth month in a row in February – surveyors

The majority of the feedback points to house sales being agreed within 5% of asking prices, the Royal Institution of Chartered Surveyors said.

Tribune News Service

Should Californians have a right to housing? New state constitutional amendment could guarantee it

SACRAMENTO, Calif. — Housing is California’s biggest challenge, but would a constitutional right to a place to live make a difference for state residents?

ABC News

The NSW Coalition said it 'slashed' the social housing waitlist. Is that correct?

New South Wales Treasurer Matt Kean says the state's social housing waitlists been "slashed" since the Coalition came to power. But is that really the case? RMIT ABC Fact Check crunches the numbers.

Evening Standard

Woman found dead in north London after falling from block of flats

The woman was found dead after police knocked on flat door to ‘carry out arrest enquiry’

AAP

Budget cuts flagged to counter coalition 'booby traps'

Finance Minister Katy Gallagher is optimistic comments from RBA boss Philip Lowe show interest rate hikes are close to ending but warns of more cost-cutting.

The Independent UK

Black couple settles lawsuit after home valuation increased when white friend posed as owner

The defendants will have to watch a documentary about racism in American real estate as part of the settlement

ABC News

How to improve your rental application during worst housing crisis in 'generations'

With crowds of up to 100 people attending inspections in places like the Gold Coast, trying to secure a rental property can be a heartbreaking task. But real estate agents say there are ways to improve your chances.

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