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The Latest Breaking News on Real Estate

Buying a home became a key way to build wealth. What happens if you can't afford to?

Owning a home is still a cornerstone of the American dream for many, and a key way to build wealth. What happens when a pandemic and economic headwinds make that feel out of reach?

WEKU

Newcraighall development goes to community consultation

The current proposals include around 220 mixed-residential units and possible commercial space

Insider UK

Should I let my fixed-rate mortgage term end without negotiating a new deal?

The balance would be £83,000 and my husband and I have about £63,000 in accessible savings

The Guardian - UK

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Mouldy flats and bidding wars: how did the UK rental crisis get so bad?

According to 2021 census data, 5m households in England and Wales are private renting. We ask why renting is getting more expensive and precarious

The Guardian - UK

Australian home values see largest decline in recent memory, new data shows

Home values have seen their biggest drop since 2019 and experts say they're going to keep declining.

ABC News

Plunging home values break 40-year record

Higher interest rates, household debt and the erosion of savings since the pandemic have been blamed for the steepest plunge in home values since at least 1980.

AAP

Road to nowhere: why the suburban cul-de-sac is an urban planning dead end

The cul-de-sac is a suburban trap. It’s virtually useless as a road, doesn’t support public transport, cycling or walking, and doesn’t work well as a play or gathering place. Its literal translation from the French is “bottom of a sack” – which sounds a lot less glamorous, you’ll agree.

The Conversation

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New South Wales Labor promises to scrap stamp duty for thousands of first-home buyers if elected

Three months from the state election, New South Wales Labor announces its counterattack to the government's stamp duty reform by promising to slash or reduce the tax for thousands of first-home buyers.

ABC News

Concern over green space if 640 extra homes are built in 'new Nottinghamshire village'

A proposed extension of 640 homes has been provisionally proposed for Top Wighay in Hucknall as part of a joint plan to allocate areas for 2,000 homes

Nottingham Post

Livid Rutherglen granny blasts property firm over time taken to refund dozens of pensioners £250

James Gibb residential factors have now paid residents their deposits back but Catherine Patterson, who has lived at Blairbeth Mews for four years, is not happy with how long it took.

Glasgow Live

The 38 Greater Manchester surnames that could land you a fortune in unclaimed inheritance

Government records published this week show there are 38 unclaimed estates across the conurbation

Manchester Evening News

Mortgage payers face squeeze in 2023 after UK interest rate rises

Wealthy, older people who own home outright will avoid higher costs and benefit from better return on savings

The Guardian - UK

The best Bristol fixer-upper properties for sale for anyone who wants to take on a project

Fancy taking on a fixer-upper or a property project in 2023? We've rounded up some of the best Bristol has to offer

Bristol Post

Aussie experts head to Saudi mining forum

An Aussie contingent has top billing in Saudi Arabia as the oil state looks beyond "black gold" to critical minerals needed for a cleaner world economy.

AAP

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ABC News

Housing providers say housing stock will alleviate crisis, but better funded supports will fix entrenched homeless

The CEO of not-for-profit community housing provider Yumba Meta says the organisation has been successful in pulling people out of recurring homelessness through support and referrals.

Manchester Evening News

Developers responsible for 'scruffy' former Debenhams building issue statement after being accused of 'letting Manchester down'

The iconic building in the heart of the city has been plagued by vandalism since it was vacated in 2021.

Daily Record

Spacious two-bedroom home on sale for £70k but it's packed with rubbish

The terraced house looks a steal for bids over £70,000, however it comes with tenants still living in the house, who have filled its rooms with garbage.

Belfast Live

Craigavon new homes' plan recommended for approval

ABC Council’s planning committee to decide on proposal on January 11

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Nottingham Post

Life in Eastwood where neighbours can't understand massive house price rise

It has been crowned as the UK's property price hotspot

Daily Mirror

Spacious two-bedroom home on sale for £70,000 - but there’s a small catch

The terraced house looks a steal for an asking price in excess of £70,000 and the chance to recoup cash through rent payments. But it comes with tenants who have packed the rooms to the ceiling

Tribune News Service

Manhattan judge green-lights NY AG James’ $250 million Trump Organization lawsuit, labels dismissal motions ‘frivolous’

NEW YORK — New York Attorney General Letitia James’ $250 million civil lawsuit against the Trump Organization got a green light Friday from a Manhattan judge who trashed the organization’s motion to dismiss the case.

Chicago Sun-Times

Ald. Roberto Maldonado withdraws from race for Chicago City Council

Ald. Maldonado (26th) becomes the 16th member of the Council not seeking reelection. He has served on the Council since 2009, when he was appointed by Mayor Richard M. Daley.

ABC News

ACT government urged to consider unconventional housing solutions like co-op living ahead of population rise

With Canberra's population expected to rise by almost 100,000 people this decade, experts and students are calling for co-op housing and other creative solutions.

Tribune News Service

Baltimore uses bonds for its glitziest developments. What if they could rehab vacant rowhouses?

Joseph “Joe” Meyerhoff II has a solution to Baltimore’s vacant home crisis that even he knows sounds crazy, but some in the city of Baltimore are examining the idea.

ABC News

Alice Springs crime crackdown sees reduction in Northern Territory police officers tasked to 'Operation Drina'

The number of officers assigned to an operation to crack down on property crime in Alice Springs has fallen, just over a month after Northern Territory police sent 45 members to the Central Australian town.

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