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The Latest Breaking News on Real Estate

GOP Lawmaker Facing Eviction From $20k Per Month DC Apartment Blames Processing Error for Nearly $100k in Unpaid Rent

Florida Rep. Cory Mills racked up nearly $15,000 in late fees for repeatedly paying rent late before being served an eviction notice for missing payments between March and July.

Latin Times

Milan's mayor denies wrongdoing in a corruption probe into the city's construction boom

Milan's mayor says he will not step down in the face of a sweeping probe into the city’s massive urban development over the last two decades

The Independent UK

Immigrants Selling Florida Homes Amid Legal Uncertainty, Opening Doors for Bargain-Hunting Buyers: Report

A growing number of immigrants in Florida are selling their homes due to mounting legal uncertainty, creating new opportunities for buyers in a cooling housing market, according to a Miami Herald report.

Latin Times

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‘Repeatedly outbid’: readers share stories of housing despair as Australia’s prices reach record highs again

Expectations of further interest rate cuts, the growing presence of investors and an enduring lack of supply have combined to put sellers back in control

The Guardian - AU

How to Tell Your Own Story

Your life told well could be the best gift you can leave.

Kiplinger

Average UK house asking price registers steepest monthly drop for 20 years

Rightmove blames the 1.2% fall in new sellers’ prices on the end of stamp duty discounts and more homes coming on to the market

The Guardian - UK

Biggest July dip in average asking price for a home ‘in at least 20 years’

Property experts have downgraded forecasts for house price and rental growth this year.

The Independent UK

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Storm brews over Nationwide chief executive’s pay package worth up to £7m

Critics say building society has strayed too far from its roots with the compensation package likely to be rubber-stamped

The Guardian - UK

Rental fraud: the Facebook and Gumtree scam targeting desperate tenants

Posing as a landlord, fraudsters post adverts for affordable properties to lure victims into parting with deposits upfront

The Guardian - UK

Peek into surprise RBA decision as rate cut on cards

Borrowers are hoping for clarity on the Reserve Bank's next moves as an unexpected jump in unemployment firms the case for an interest rate cut.

AAP

Browsing Rightmove for a rural bolthole? Get ‘the best of the Highlands’ for £9m

Glen Buck estate in Aberchalder has a farmhouse, hydroelectric scheme, 8,900 acres of land and part of a loch

The Guardian - UK

Bangladeshis linked to Hasina regime appear to have made UK property transactions in past year

Call for asset freezes after figures under investigation in Dhaka employed services of UK law firms and consultants

The Guardian - UK

Pranksters fill Trump Tower gift shop with merch featuring pictures of Epstein with the president

The prank comes as the Trump administration is embroiled in controversy surrounding files in the criminal investigation of the late convicted sex offender Jeffrey Epstein

The Independent UK

US Single-Family Homebuilding Falls To 11-Month Low

Single-family housing starts fell by 4.6% to a seasonally adjusted annual rate of 883,000 units, the weakest level since July 2024, while building permits for future home construction dropped 3.7% to 866,000 units — the lowest since March 2023.

International Business Times

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Benzinga

Grant Cardone Outlines How To Become A Leader In Any Industry: 'Are You Committed To Becoming A Master At Your Craft?'

Real estate investor Grant Cardone has succeeded in multiple industries. He has started companies in multiple verticals while leveraging his personal brand to tap into new opportunities.

The Guardian - AU

‘He begged not to die’: partner of man who died after being restrained by police joins calls to change mental health response

Taite Collins filmed his partner Collin Burling being restrained by officers at their public housing block in Sydney’s Waterloo

AAP

Nation on notice as signs point to growing jobless rate

Australians are being warned about possible further rises in unemployment after a shock jobless rate jump that has strengthened the case to cut interest rates.

The National (Scotland)

Rachel Reeves says she wants to help first-time buyers. It won't work

Good evening! This week's edition of the In Common newsletter comes from Kaitlin Dryburgh, policy and communication co-ordinator at Common Weal.

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Benzinga

As Mortgage Rates Near 7%, Record Delistings Surge 47% — Homeowners Trapped Between Price Cuts And The Waiting Game

A growing number of frustrated sellers are yanking their listings just as climbing borrowing costs threaten to squeeze the housing market even harder.

The National (Scotland)

Half of Aberdeen homes fall in value as 'oil capital' status diminishes

ABERDEEN has seen over half of its homes fall in value, by an average of £25,700, as its status as the oil capital of Europe diminishes, according…

Benzinga

OpenDoor Is The Next Carvana? Stock Surges 43% On Activist Investor's Take On Company: 'I'll Saddle Up'

Shares of Opendoor Technologies Inc. (NASDAQ:OPEN) have been surging this week following renewed interest from activists and fresh enthusiasm from retail investors.

The Independent UK

Families, kids most at risk of losing HUD housing with Trump’s proposed time limits

A Trump administration proposal could put more than a million low-income households at risk of losing their government-subsidized housing

The Independent UK

1.4M of the nation's poorest renters risk losing their homes with Trump's proposed HUD time limit

A Trump administration proposal could put more than a million low-income households at risk of losing their government-subsidized housing

Evening Standard

Plans for controversial Peckham redevelopment scheme rejected by council after backlash from residents

Plans for the Aylesham Centre in Peckham were rejected for several reasons, including a lack of affordable housing

Latin Times

ICE Pushes Landlords for Tenant Records as Trump Admin Ramps Up Deportation Efforts

Homeland Security's Tricia McLaughlin defended requesting tenant records, stating that ICE has authority to issue administrative subpoenas and warned of potential legal penalties for noncompliance

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