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The Latest Breaking News on Real Estate

House prices: only four London boroughs see property values rise as Powys in Wales performs strongest in 2023

Only four London boroughs saw any house price growth so far this year, as property in remote beauty spots soars in value

Evening Standard

Scottish local authority sees house prices rise more than 10% over 12 months

Moray is one of 10 Scottish local authorities where property prices increased over the last year.

The Independent UK

Britain’s house price hotspots that are bucking the market cooldown revealed

Some locations highlighted in the research released by Halifax have rural surroundings and incorporate areas of outstanding natural beauty.

The Independent UK

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Residents shocked after balcony collapses from east London apartment block

Matt Lismore, who lives on the Gascoigne East estate, said it's a "miracle nobody was seriously injured"

Evening Standard

Trump Jr hails ‘sexiness’ of father’s properties at New York fraud trial

Donald Trump’s son showers praise on former president as he returns to the stand at $250m real estate fraud trial

The Guardian - US

Reshuffle comes with risk as ministerial churn may disrupt key policies

Frequent ministerial changes have been a feature of the Conservatives in power over recent years.

The Independent UK

Donald Trump Jr hails his ‘real estate artist’ father in fraud trial testimony

The former president’s oldest son returns to the witness stand as attorneys begin their defence

The Independent UK

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Rats, rotten cupboards and collapsed ceilings in a north-east England rental flat

Housing officers say Peter Thompson’s flat, where the walls are wet with damp, is one of the worst they’ve ever seen

The Guardian - UK

Renters on jobseeker need at least 78% of income for one-bedroom apartment in capital cities, report finds

Index reveals rental affordability has plunged over year with situation particularly difficult in Sydney

The Guardian - AU

What Trump’s children said at his New York civil fraud trial

Former president Donald Trump’s three eldest children, Donald Jr, Eric, and Ivanka, took the stand in the civil fraud trial against the Trump Organization

The Independent UK

Rising interest rates wipe £200m off British Land’s property portfolio

Underlying profits, however, up 3.4% to £142m in half year to end of September, driven by higher market rents

The Guardian - UK

Trump’s lawyers are preparing his 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

Where can rental tenants in England turn for help?

Who is liable for repairs on privately rented property, and what’s the law on no-fault evictions?

The Guardian - UK

Loophole adds to ‘shameful’ rental conditions in England, says housing chief

Exclusive: Peter Wright calls for reform of private rented sector to address ‘serious systemic failings’

The Guardian - UK

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Evening Standard

£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

Kiplinger

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.

The Guardian - UK

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

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

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The Independent 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.

Al Jazeera

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.

Chicago Sun-Times

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.

The Guardian - AU

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

Evening Standard

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"

The Independent UK

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

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