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The Latest Breaking News on Real Estate

£14,000 wiped off the average asking price of a London home in November

The 2.1 per cent fall in average asking prices is the biggest percentage drop recorded for the month of November in five years

Evening Standard

Delaware Statutory Trust: A Viable Alternative to Debt Replacement

Using a DST would not only meet the debt replacement requirement in a 1031 exchange, but the DST could also help the investor diversify their portfolio.

Kiplinger

Five charts explaining the state of the UK’s rental sector

Britain’s rent crisis in numbers, measuring the increasing pressures on tenants over the past few years

The Guardian - UK

From analysis to the latest developments in health,
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UK house asking prices in largest November fall since 2018; Opec insists oil market still strong – as it happened

Rolling overage of the latest economic and financial news, as Rightmove reports prices falling at the fastest rate in five years, for the time of year

The Guardian - UK

Donald Trump Jr. returning to stand as defense looks to undercut New York civil fraud claims

Donald Trump’s lawyers will start calling witnesses in the New York civil fraud trial that threatens the former president’s real estate empire

The Independent UK

£6,000 wiped off the average price of a home in November

The 1.7% fall in average asking prices is the biggest percentage drop recorded for the month of November in five years, Rightmove said.

The Independent UK

Billionaires are teaming up for pro-Israel, anti-Hamas media drive: Report

The campaign is seeking million-dollar donations from dozens of big names in media, finance and tech, Semafor reported.

Al Jazeera

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Dear Abby: Family gathered after a death is treated to a sales pitch

The deceased’s brother, who is handling his affairs, gets a spiel at a family lunch for a agent who handles estate sales. He doesn’t mind but his wife is offended.

Chicago Sun-Times

Build to rent? The Melbourne apartments where a third of tenants are being kicked out or getting rent hikes

After only a year in their new Fitzroy homes, some tenants say they are being forced to leave with no explanation. Advocates say it shows there are still holes in rental laws

The Guardian - AU

Completely derelict Wimbledon house on the market for £695,000

Three-bedroom terraced house attracts interest despite price tag as agent describes it as a "blank canvas"

Evening Standard

Trump’s lawyers are preparing his fraud defence. He already claims he ‘won’

The former president’s lawyers begin to make their case at the trial’s halfway point

The Independent UK

How much you need to earn to buy a house in Newcastle

'People are looking at stretching themselves financially'.

Newcastle Herald

Andhra Pradesh government issues G.O. on allotment of house sites for journalists

Andhra Pradesh government issues G.O. on allotment of house sites for journalists. As per G.O. 395, three cents of land will be allotted to each eligible journalist and the cost will be shared in 60:40 ratio. Journalists who already own a house site/flat/house etc. in their name, or in the…

The Hindu

JPMorgan (JPM) and Wells Fargo (WFC): A Look at the Road Ahead for These Banking Giants

Most traders and analysts believe the Fed is done with its rate hiking cycle. However, the central bank officials have left the door open for further rate hikes. In this piece, I have discussed the current environment of the U.S. banking industry and whether one should consider investing in banking…

StockNews.com

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Evening Standard

Cobbled together: London's best mews houses on the market now, from Belgravia to Bethnal Green

Traditionally tucked away behind grander lodgings, the picture-perfect mews home belies its humble origins

The Guardian - UK

UK economy continues sideways drift with no sign of uplift

Bank of England is unlikely to cut interest rates any time soon and Treasury unlikely to cut taxes due to fear of higher inflation

Evening Standard

Revealed: the London boroughs where house prices have risen fastest since 2009 crash

Fresh analysis shows how much property values rose in the boom period following the global financial crisis. Here are the areas that came out on top

The Guardian - AU

Australians won’t experience real income growth until end of 2024, RBA forecasts

Domestic economy ‘more resilient than previously expected’, Reserve Bank says in quarterly statement

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news in one place.

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The Independent UK

Vulnerable people increasingly left with poor-quality supported housing – report

A lack of reliable data about the sector poses difficulties to assess or resolve problems within it, MPs said.

The Guardian - AU

Australian property market may soon cool as rate hikes shrink borrowing capacity

Surge in population and faltering supply of new housing had held up Australia’s property market, but rising interest rates expected to cool prices

The Independent UK

The average long-term US mortgage rate falls to 7.5% in second-straight weekly drop

The average rate on the benchmark 30-year home loan fell for the second week in a row, positive news for prospective homebuyers after rates touched a 22-year high just last month

The Independent UK

Donald Trump’s lawyers ask judge to end civil fraud trial, seeking verdict in ex-president’s favor

Donald Trump’s lawyers are urging a judge to put an immediate end to the New York civil fraud trial that threatens his real estate empire

Zenger

Judge Moves Forward With Trump Fraud Case With Cover From Facebook Fact Checker

An attorney accused the presiding Judge Arthur Engoron of undervaluing the Trump properties in current fraud case.

The National (Scotland)

How to check my council tax band in Scotland

Here is how council tax works in Scotland and how you can find your valuation band amid proposed second home reforms.

The Guardian - AU

Australia’s rental vacancy falls to record low as Sydney and Melbourne feel squeeze

Advocates push for limit on rent rises as PropTrack report finds vacancy rate slipped to 1.02% in October

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