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The Latest Breaking News on Real Estate

NSW wants rent reform this year in system 'rebalance'

The NSW government wants to fast-track rental reform through parliament to "take some of the heat out" of surging rents across the state.

AAP

Southern California hotels hit by strike say union is unlawfully pushing housing agenda

LOS ANGELES — Amid tense negotiations over new contracts for thousands of local hotel housekeepers, receptionists and cooks, a group of Southern California hotels filed an unfair labor practice charge accusing Unite Here Local 11 of striking over policy proposals that have “nothing to do” with the employees it represents.

Los Angeles Times

East Belfast social housing plan recommended for refusal as City Hall officials raise "concerns"

Council report states plan's length and massing "is inappropriate to the scale of the street"

Belfast Live

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Berlusconi's final will divvies up 5 billion euros in wealth; eldest children control media empire

Silvio Berlusconi has left control of his media empire to his two eldest children

The Independent UK

Miami and Brazilian developers join to build $1 billion worth of apartments in 5 years

MIAMI — Miami investment management company Leste Group and one of Brazil’s biggest real estate investors, Opportunity Fundo de Investimento Imobiliário, are teaming to build more than $1 billion of apartment buildings in Miami over five years offering up to 5,000 apartments.

Miami Herald

3 Homebuilder Stocks Investors Are Buying in July

Despite the rising interest rates and prevailing market uncertainties, the housing market’s long-term prospects remain favorable. Hence, it could be wise to scoop up the shares of homebuilder stocks PulteGroup, Inc. (PHM), Sekisui House, Ltd. (SKHSY), and Tri Pointe Homes (TPH) that seem to be drawing investors’ attention this month.…

StockNews.com

Part of council-owned landmark could be demolished and the land sold off for housing

'The plan is for the whole of the extension to go and new homes to be built on the site - which would be considerable'

Manchester Evening News

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Glasgow Life urged to attend talks over controversial flats plan near music venues

There are concerns that residents of a planned development on a Merchant City car park would complain about noise at the City Halls and Old Fruitmarket.

Glasgow Live

‘Stitch-up’ claim as U-turn on demolishing South Bristol shopping centre slammed

The surprise twist has sparked criticism from opponents of the plans

Bristol Post

Local councils warn Victorian government against seizing control of planning laws

Municipal peak body also says more town planners are desperately needed to speed up building approvals

The Guardian - AU

The state of a new build Taylor Wimpey housing estate where residents pay a fee for it to be kept pristine

Some residents have reportedly taken to cutting the grass themselves on one of the parks

Wales Online

Mayor Francis Suarez doubled his net worth to $3.4 mil last year — and now has a boat

MIAMI — Francis Suarez’s net worth ballooned to $3.4 million in the year following his re-election for a second term as mayor of Miami, according to newly released financial disclosures filed with the city detailing the mayor’s personal finances in 2022.

Miami Herald

Fears West Derby deli's alcohol plan 'could affect house prices'

One resident claimed: 'This has annoyed me'

Liverpool Echo

Cheapest places to live in the UK as Ayrshire towns feature heavily

Newmilns is the cheapest place in Ayrshire to live according to GetAgent, and second cheapest in the UK.

Daily Record

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Manchester Evening News

Gary Neville admits 'huge mistake' in St Michael's development after public backlash and U-turn

Work on the first phase of the project has already begun

The Week

When is the ideal time to buy a house?

Buying a house can be especially daunting in uncertain economic times, leaving many would-be homeowners struggling to decide if and when to take the plunge.

Evening Standard

UK faces ‘chronic lack of housing’, experts warn, as building falls at fastest rate since pandemic

housebuilding fell at a rate only seen on the onset of the Covid-19 pandemic and the late 2000s global financial crisis.

Birmingham Post

Derby Property Summit 2023 to look at making cities fit for the future

Summit is organised by Marketing Derby and hosted by BBC and LBC business journalist Declan Curry

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Glasgow Live

Changes proposed to Ruchill Hospital development after homes criticised as 'monotone'

Proposals for more than 400 homes on the site were approved in February 2022 with the first properties completed at the beginning of this year. However, feedback has criticised the exterior of the homes as "monotone".

Manchester Evening News

Housebuilding slump drags construction sector into decline

Higher mortgage rates are taking their toll across the sector

Chicago Sun-Times

Rock star architect David Adjaye leaves Chicago project as sexual misconduct claims roil his practice

Adjaye, a celebrated architect who had been attached to an Old Town redevelopment project, was once called a genius by Barack Obama.

Glasgow Live

Clydebank great-gran 'too scared to sleep' after prowler captured lurking outside bedroom on CCTV

Frances Stewart, 75, was staying with a relative overnight when the incident occurred. The intruder was spotted lurking outside her bedroom window on the gran's CCTV.

Los Angeles Times

‘It’s a disaster’: California farmer faces ordeal as pistachio farm sits underwater

CORCORAN, Calif. — A few years ago, Makram Hanna took his savings from years of work in real estate and decided to make a big investment together with relatives and two other families. They bought 1,270 acres of farmland in Kings County, and in 2021 they planted pistachio trees.

Tribune News Service

Editorial: Biden’s land grab would hurt Nevada

The Biden administration’s newest lands plan is bad news for Western states, and it will disproportionately hurt Nevada.

Tribune News Service

Some states to landlords: You can’t evict tenants without a good reason

BUFFALO, N.Y. — For years, Charlene Redrick worked double shifts to make sure she made rent each month. The 64-year-old nursing home aide always paid on time — even at the height of the pandemic.

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