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The Latest Breaking News on Real Estate

3 Real Estate Stocks to Sell While You Still Have the Chance

This year’s surge in borrowing costs has hampered the U.S. real estate market. Moreover, as the Fed indicates more rate hikes ahead, fundamentally weak real-estate stocks WeWork (WE), Opendoor Technologies (OPEN), and Redfin (RDFN) might be best sold off. Read more.

StockNews.com

Homeowner fined thousands for leaving overgrown garden in a huge mess

Images show out of control trees and bushes, dumped glass and fence panels, which impacted on nearby homes

Wales Online

Greater Manchester's housing masterplan branded 'waste of time and money' as government plans U-turn

“It irritates me what an absolute waste of time, what an absolute waste of public money over the past three years."

Manchester Evening News

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Midlothian mum separated from young daughter after moving into 'hellhole' flat

Claire Williams moved into her two-bedroom flat in Loanhead just over a month ago and shortly after making the move, discovered several major issues with the condition of the property

Edinburgh Live

Aristocrat sues Airbnb landlord who cut off electricity

An aristocrat is suing her landlord for damages for ‘anxiety, inconvenience and mental stress’

Evening Standard

Huge new Edinburgh village planned near Fort Kinnaird with over 200 homes

A proposal of application notice was filed with the City of Edinburgh Council this week for the major construction which could take place on the boundary between Edinburgh and East Lothian.

Edinburgh Live

New images reveal what new 38-home apartment block for 'at risk' young people could look like

Plans include teaching and studio facilities, a training kitchen, a meeting space, breakout space, a laundry room, a residents lounge, an indoor and outdoor gym and recreational space outside.

Manchester Evening News

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Landmark next to The Bridgewater Hall and The Midland Hotel sold for nearly £50m

The building, which has six upper floors, is fully let to multiple tenants

Manchester Evening News

Landmark Manchester city centre office bought for almost £50m

The 87,000 sq ft building is fully let to multiple tenants

Birmingham Post

Mortgage guarantee scheme extended: initiative to help buyers with small deposits will run until December 2023

The scheme is aimed to help households who are struggling to save for higher mortgage deposits get on or move up the housing ladder.

Evening Standard

CP LAND launches significant brand refresh

CP Land Public Company Limited, one of Thailand’s leading real estate developers, established over 40 years ago, is laying the foundation for its future growth with a significant refresh of its company brand. The aim is to increase the association of the company’s corporate image with future-forward, world-class development trends…

Bangkok Post

Property deals of the year: the most unusual home sales in 2022 — from a Rolling Stone’s tower to a Gothic townhouse in Mayfair

The wackiest property deals to have taken place in 2022 range from the sale of an iconic Mayfair townhouse to £1m designs for a pair of homes that haven’t been built yet

Evening Standard

Welfare groups call for rent capping in SA

A group of South Australian welfare organisations have called for rent capping in South Australia to help people struggling to keep a roof over their head.

AAP

Chambroad makes last-minute bid for Hobart's Kangaroo Bay hotel extension after years of delays

It's the development battle that's got it all — stunning waterfront views, a furious grassroots community campaign, an overseas developer and a project that never seems to go away — or move forward.

ABC News

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The Independent UK

New Mexico city sued for hounding, harassing the homeless

The American Civil Liberties Union of New Mexico and others are suing the city of Albuquerque in an effort to stop officials in the state’s largest city from destroying homeless encampments and jailing and fining people who are living on the street

AAP

Mirvac CEO to lead housing advisory body

Susan Lloyd-Hurwitz will take the helm of the interim National Housing Supply and Affordability Council, which will have five more members, from next year.

Tribune News Service

After latest insurance reforms, what rights do Florida policyholders have left?

Hemorrhaging losses, Florida’s property insurance industry has finally convinced the state Legislature to abolish practices it blames for skyrocketing premiums, carrier failures and plummeting availability of private-market coverage.

Chicago Sun-Times

Businesses and workers aren’t abandoning the office

More executives now say they plan to renew leases on office space, and more workers say they want to return to in-person work.

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news in one place.

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Liverpool Echo

Everton takeover: Kaminski group stance after new club purchased and 'secret talks'

Maciek Kaminski's KAM Sports LLC had been heavily linked with a takeover bid for Everton earlier this year

Newcastle Herald

Without infrastructure upgrades it's a rough road to alleviating Hunter's housing shortage

The Hunter has a housing shortage and affordability challenge, and the backlog of regional road upgrades is a major contributor.

Tribune News Service

US homebuilder sentiment extends record decline to 12 months

U.S. homebuilder sentiment fell every month in 2022, sinking in December to a level not seen in over a decade outside of the pandemic amid elevated mortgage rates and high construction costs.

Daily Mirror

Mum faces eviction from childhood home after being told she didn't have tenancy

Michelle Hughes, 33, has been left "frightened" facing eviction from her childhood home in Newtownabbey, Northern Ireland, within a matter of weeks - she had been living there since November 2019

Los Angeles Times

Conservationists near goal of turning Orange County oilfield into nature preserve

LOS ANGELES — The nonprofit Trust for Public Land on Friday completed the purchase of an oil field that sits atop the coastal bluffs of Newport Beach, guaranteeing the property will be cleaned up and preserved as open space.

Newsroom.co.nz

What is the outlook for the commercial property market?

Globally and locally there’s uncertainty in the commercial real estate sector. Interest rates and inflation are rising, and organisations are still working out what their offices will look like in a post-Covid world. BNZ’s Phil Bennett ponders seven likely trends for 2023 | Content partnership

The Independent UK

LOCALIZE IT: US homelessness tally stable through pandemic

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