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The Latest Breaking News on Real Estate

The Best Closed-End Funds (CEFs) to Buy Now

The best closed-end funds (CEFs) remain highly popular with income-seeking investors even amid the rise of exchange-traded funds.

Kiplinger

US housing market cools with prices down 2.5% from peak in June

The US housing slump stretched into a fifth month, sending a measure of prices down 2.5% from a peak in June.

Tribune News Service

Glasgow's new liveable neighbourhood 'concept designs' released

The Liveable Neighbourhood plans will see streets transformed into safer, more attractive spaces - but questions have been raised over where the funding to maintain these spaces will come from.

Glasgow Live

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25 homes proposed on site of iconic Mersyside nightclub

Developers have said the new plans "include a number of significant" benefits that would "greatly outweigh any perceived harm"

Liverpool Echo

Nursing home owners drained cash while residents deteriorated, state filings suggest

As the U.S. government debates whether to require higher staffing levels at nursing homes, financial records show some owners routinely push profits to sister companies while residents are neglected.

WEKU

John Thompson obituary

Founding chair of the Academy of Urbanism determined to involve local people in architectural decisions about their neighbourhoods

The Guardian - UK

Fuel retailer warns of cost-of-living 'trade-offs'

Ampol says there are trade-offs to be made between living costs, fuel security and the energy transition.

AAP

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Home values slide further but regions prove resilient

The property downturn is hitting capital cities harder than regions, suggesting higher demand has become permanent for regional markets.

AAP

Edinburgh’s unwanted properties that won’t budge - but could be your dream home

Here in Edinburgh, we’re often told the property market is uber-competitive and people will beat you to the post if you’re not quick - but some of the capital’s homes take their time coming off the market.

Edinburgh Live

Former fast-food employee who began investing at 19 says she will be a millionaire before she’s 40

By the age of 25, she had $100,000 saved

The Independent UK

Glasgow's cheapest flat with 80s style carpets in need of a refurb on sale for £40k

The flat on Paisley Road West is one of the most affordable in the city, with offers over £40,000 being accepted, however, it is a property that needs rejuvenated.

Glasgow Live

Karnataka HC directs fact-finding survey of two constructions in vicinity of Cubbon Park area of Bengaluru city

BENGALURU: The Karnataka high court has issued direction to the state government to ascertain through the Assistant Director of Land Records (ADLR), City Survey Department by conducting a survey on February 4,2023, as to whether the Hopcoms building constructed by Krishik Samaj ( near Hudson circle) is within or outside…

The Times of India

Homeowners and housing market on watch for signs of peak rates into Bank of England hike

Monetary Policy Committee set to lift base rates at high noon on Thursday

Evening Standard

Landlord ordered to pay £25,000 for problems at flats he rented out

Sohail Baig was convicted of 18 offences including damaged work surfaces and an insecure toilet

Wales Online

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Evening Standard

Mortgage borrowing slumps by more than £1 billion as the fallout from the mini-Budget drags on

Mortgage approvals dropped to 35,600 in December, the lowest since May 2020.

France 24

French city of Marseille struggles to provide decent housing to residents

In France, between 450,000 and 600,000 people live in accommodation that is deemed not fit for purpose. The southern city of Marseille is particularly affected. Our reporters Julia Guggenheim and Jonathan Walsh met local residents, four years on from the tragedy in Marseille's central rue d'Aubagne, where eight people died…

Manchester Evening News

CCTV appeal after Volkswagen van, bikes and computer stolen in burglary

Police said there has been a 'spike in related offences' in the area

The Independent UK

Mortgage approvals for house purchase drop to lowest levels since May 2020

Some 35,600 mortgages were approved for house purchase, which was the lowest total since May 2020, according to Bank of England figures.

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The Guardian - UK

Tell us: how have you been affected by reduced UK property prices and rising mortgage rates?

We’re keen to hear how house price reductions and rising mortgage interest rates have affected home owners and prospective buyers

The New Daily

Property prices sink ‘quite rapidly’ as market awaits interest rates peak

Australian property prices have declined again in January, but the pace of the downturn has continued to ease ahead of a rate peak.

The Texas Tribune

Here’s what you need to know about the fight over property tax cuts in the Texas Legislature

Republicans are wrestling over how much of the state’s nearly $33 billion budget surplus to spend on property taxes. Democrats have their own ideas about what to do with the cash.

Evening Standard

What are leaseholds? Labour plans to ban property managers who exploit tenants

Shadow housing secretary Lisa Nandy ponders tighter regulation on the sector after complaints from leaseholders

Insider UK

Borders estate agency hires former STV presenter as partner

New firm poaches senior sales negotiator from rival estate agency Rettie & Co

Edinburgh Live

Kate Middleton gesture to Prince William suggests confidence change, according to expert

The Prince and Princess of Wales visited a foodbank in Windsor, and were greeted by staff at the door as they arrived - and what Kate did has shown a change in confidence.

The Guardian - AU

‘Hostile’ Alice Springs meeting exposes deep division in battered town

While some locals call for legal action against the NT government, others fear tension could stir racism and vigilante attacks

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