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The Latest Breaking News on Real Estate

Spotlight site up for sale after DA approved for 26-storey towers

Rising interest rates and high construction costs are putting pressure on development projects.

Newcastle Herald

The pitfalls of the marathon mortgage

Buyer beware on long-term home loans

Evening Standard

UK mortgage approvals slump before interest rates decision

Remortgaging at lowest level since January 1999 as borrowers face higher repayments

The Guardian - UK

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Mortgage approvals slump as ‘autumn housing market pick-up fails to materialise’

Some 43,300 mortgages were approved for house purchase in September, marking the lowest monthly total since January 2023.

The Independent UK

Most Cook County property owners will pay more in taxes this year

The majority of Cook County homeowners will have bigger property tax bills this year — and this time the north and northwest suburbs got hit particularly hard.

Chicago Sun-Times

China holds major financial conference as leaders maneuver to get slowing economy back on track

China’s leaders are expected to search for ways to mend the country's fractured property market, create jobs for millions of unemployed youths and spur faster growth in a meeting that reportedly began Monday in Beijing

The Independent UK

German economy shrinks; UK remortgaging lowest since 1999; window firm Safestyle enters administration – business live

Rolling coverage of the latest economic and financial news, as German GDP shrinks slightly in the third quarter of the year

The Guardian - UK

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Should I use my lifetime Isa to buy a house to rent out or wait until I leave the forces?

Once I have left I intend to make a purchase with my girlfriend but need advice as a first-time buyer

The Guardian - UK

56 bids in battle to buy run-down New Lambton duplex at auction

'It was an older place that was ripe for renovation.'

Newcastle Herald

Councils in England facing bankruptcy as lack of housing pushes up costs

Budgets could be overwhelmed as evictions and rising mortgage rates cause homelessness to surge

The Guardian - UK

England’s ‘broken’ housing system is now a problem no council can avoid

High house prices, soaring rents and benefit cuts are forcing more and more to seek help from local authorities

The Guardian - UK

Interest rate rises caused sharp drop in UK household wealth, report finds

Resolution Foundation says higher interest rates have led to a fall in house prices and pension pots

The Guardian - UK

Prices falling in most local housing markets in UK, Zoopla finds

All local markets in London, South and East England registered annual house price falls.

The Independent UK

London house prices fall as UK market undergoes most dramatic slowdown since 2009

Homes in London are better value for money, reports Zoopla, but higher mortgage rates have impacted sales

Evening Standard

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news in one place.

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The Guardian - UK

House prices fell in 80% of UK markets this year, says Zoopla

London and England’s southern and eastern regions worst affected as higher mortgage rates sap demand

The Guardian - UK

Government policy is trapping refugees into becoming homeless

Letter: Anne Johns calls out a particularly nasty calculated cause of homelessness

The Guardian - AU

Australian rental vacancy rate falls to record low, data shows

Limited supply and strong demand prompts national median weekly advertised rents to rise 14.6% over the year

AAP

Fresh insights into retail sector, housing market

Consumers have been reining in their spending in response to high interest rates and new data may signal a continuation of this trend.

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news in one place.

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Chicago Sun-Times

How Ben Lindau overcame a stroke and built a soccer career

A Chicago native, Lindau will be part of the U.S. Men’s Cerebral Palsy National Team that will play at the Parapan American Games next month in Santiago, Chile.

Chicago Sun-Times

$20,000 grant from CHA puts homeownership within residents’ reach

A single mother who earlier this month closed on an East Garfield Park single-family home became the CHA’s new down payment program’s first recipient.

WEKU

Donald Trump is set to testify Nov. 6 in his New York civil fraud trial

It was already expected the former president and sons Donald Jr. and Eric would testify. The timing became clear Friday, after Judge Arthur Engoron ruled that daughter Ivanka Trump also must appear.

Newcastle Herald

'No chance' of neighbours working together on Kotara home dispute

'There is no chance of us working with 63. Ever.'

Newcastle Herald

Meet the two agents selling Newcastle's most expensive real estate

The two combined have sold more than $187 million of property this year.

Newcastle Herald

Doubts over viability of social housing targets for inner Newcastle

It may 'kill' some projects, a former property boss says.

The Guardian - UK

The housing quality crisis is built on 13 years of Tory deregulation

Letters: Readers respond to an article by Oliver Wainwright about the state of new-build properties in the UK

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