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The Latest Breaking News on Real Estate

Willow Spring International Raceway Was Just Bought, and We're Not Sure What'll Happen

What is there to say when you hear of anything being bought by private equity (PE) but, "Please, not again. When will it stop?". Maybe we just hear the bad stories about PE buying an asset, scalping it, and selling it off for parts once it's maximized a relatively short-term…

RideApart

7 things I don’t own in my portfolio

As someone who writes about building portfolios for a living, I research many types of investments, from tried-and-true core holdings to more esoteric corners of the investment world

The Independent UK

Even though the offer is a serious play, Nine probably doesn’t want to sell Domain

US property conglomerate CoStar offered $4.20 a share, valuing the Domain business at $2.7bn – but sometimes silence speaks louder than words

The Guardian - AU

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Iranian exiles in the US seek multimillions for years of brutal torture by notorious security chief

Exclusive: Three former dissidents are accusing the Shah of Iran’s “chief torturer” – who later relocated to Florida and became a real estate developer – over years of unimaginable abuse they say continues to haunt them to this day

The Independent UK

What is Colony Ridge? Greg Abbott Announces Texas Operation Targeting 'Criminals and Illegal Immigrants' That's Been in Works 'For Months'

State troops are assisting DHS with an operation, the governor said in a post on X. "I have worked with Tom Homan on this for months:"

Latin Times

Londoners face shocking 25-year wait for council homes as capital's housing crisis deepens

More than 335,000 Londoners sit on housing waiting lists - the highest number of any English region

Evening Standard

Thousands of anxious London first time buyers in race to beat stamp duty deadline

London property debutantes face extra bills of up to £11,250

Evening Standard

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‘I feel trapped’: how home ownership has become a nightmare for many Americans

Scores in the US say they’re grappling with raised mortgage and loan interest rates and exploding insurance premiums

The Guardian - US

Bold or a ‘capitulation’? Victoria’s premier claims Labor’s reworked building goals are still on target

The final state housing targets have seen a reduction in numbers, but the overall goal of refocusing growth into Melbourne’s inner core remains

The Guardian - AU

Grosse Pointe Garden Society review: quirky garden club plants an entertaining, soapy dramedy

Mystery, intrigue and wit aplenty, here's our review of Grosse Pointe Garden Society.

WhatToWatch

‘It’s disgusting that they can get away with this’: here’s how eviction can affect tenants’ lives

For people relying on rental properties to keep a roof over their heads, there are few things more scary than the possibility of being evicted from their home.

The Conversation

How to solve the house price conundrum? Look no further than Gwynedd in Wales

As the UK government puts faith in construction, one council has lowered costs by cracking down on second homes and holiday lets

The Guardian - UK

Stock Market Today: Dow Dives 748 Points as UnitedHealth Sells Off

A services-sector contraction and a worse-than-anticipated consumer sentiment reading sent bulls scrambling Friday.

Kiplinger

Defamation/Impersonation Campaign as RICO Violation (with $9M in RICO Trebled Damages)

My sense is that such claims are often made but nearly never win—yet here they did. From Hartman v. Does… The post Defamation/Impersonation Campaign as RICO Violation (with $9M in RICO Trebled Damages) appeared first on Reason.com.

Reason

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The Independent UK

January home sales fall as high mortgage rates, prices freeze out would-be buyers

Sales of previously occupied U.S. homes fell in January as rising mortgage rates and prices put off many would-be homebuyers despite a wider selection of properties on the market

Evening Standard

Vatican 'let down' in botched London property deal involving The Pope himself, UK Judge rules

Secretariat of State of the Holy See agreed to buy a part-share of a former Harrods depository

Evening Standard

Short-term lets 'hollowing out' London as one in 32 homes used for holiday stays

Analysis by estate agents Savills found that there were 117,000 homes listed for short-term let across London last year

The Texas Tribune

Texas lawmakers want to make it easier to convert office space into apartments and condos

Supporters hope easing zoning rules will entice landlords to renovate and ease the state’s housing crisis.

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AAP

Growing ranks of homeless seen as society in decline

An appetite for change has developed among voters as Australia's housing crisis becomes symbolic of wealth inequality, disempowerment and societal decline.

The Guardian - UK

John Smith obituary

Other lives: Former deputy leader of Bury borough council who also served as the mayor

The Independent UK

Average US rate on a 30-year mortgage slips to 8-week low after fifth-straight weekly decline

The average rate on a 30-year mortgage in the U.S. eased for the fifth week in a row to its lowest level since late December, a welcome boost for prospective homebuyers in what’s traditionally the busiest time of the year for home sales

AAP

Struggle Street residents last to benefit from rate cut

Rate relief has been delivered to Australian mortgage holders, yet the Reserve Bank governor says renters may have to wait a while longer to gain any benefit.

The Independent UK

What is LTV in mortgages? Martin Lewis explains most important factor for first-time buyers

Understanding this simple concept can save tens of thousands down the line

The Guardian - UK

Burglar jailed after being caught out by Home Alone-style bucket trap

Police arrested prolific criminal after homeowners showed CCTV footage of him tripping on string tied to pail of water

The Guardian - UK

New towns must be built on old values

Letters: Readers respond to our editorial about the potential pitfalls in Labour’s plans for new homes and new towns

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