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The Latest Breaking News on Real Estate

Voters in Seattle approve Initiative 135, creating the Social Housing Developer

On Feb. 14, voters in Seattle, Washington, approved Initiative 135, a citizen-initiated measure to create the Seattle Social Housing Developer, a public development organization that will own, develop, and maintain what the initiative describes as social housing.

Ballotpedia

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The Guardian - UK

A Place in the Sun host red faced after offending buyer with 'joke'

Ben Hillman tried to make a joke but it didn't go down too well

Liverpool Echo

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read the most diverse news in one place.

Rogue UK landlords using ‘ghost tenants’ to con taxpayers out of millions

Gangs among those buying up cheap houses and claiming housing benefit for vulnerable people who do not live there, police say

The Guardian - UK

Stirling councillors back council rent rise

The council said the additional funds raised by the rise would help with staffing and inflation costs.

Daily Record

900-home Newcastle estate approved as rival developers clash over 'unsafe rat run' claims

Banks Property's controversial Kingston Village development has been given the green light by councillors

Chronicle Live

Higher council tax considered for long term empty properties and second homes in Merthyr

The council is currently consulting the public on whether to bring in the measures

Wales Online

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Plans approved for 52-room aparthotel above Cardiff Market

Thackeray has secured planning permission to refurbish the Grade II listed Market Chambers building on St Mary St.

Birmingham Post

Interest rates will need to rise again, warns Bank of England rate-setter

Catherine Mann, a hawkish member of the MPC, says high rates necessary to stop inflation becoming embedded in wages and prices

The Guardian - UK

Record year for Scotland's £1 million-plus property market

Edinburgh along witnessed a record 287 top-end transactions during 2022

Insider UK

Sadiq Khan, council leaders and trade unionists call for immediate rent freeze to tackle ‘wild west rental market’

Four in five London renters are struggling to meet housing costs

Evening Standard

ADVICE COLUMN: EK broker takes you through all the steps of securing new home

Kevin McCarthy from Mortgage Advice Bureau East Kilbride takes you through the process from securing funds to getting the keys

Daily Record

First of Its Kind Survey Shows How Many Buildings China Has

Misunderstandings about the 600 million buildings counted by the survey have stoked concerns about an oversupply of housing in the country

Caixin Global

Redesign of 800-home Gedling Teal Close scheme approved after water pipes found under land

'It's good that they found the culvert before they started building'

Nottingham Post

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Daily Mirror

Sadiq Khan and Andy Burnham demand private rent freezes to support millions

The London and Manchester mayors have joined Green Party leaders and union bosses including Mick Lynch in calling for Michael Gove to bring in a Scotland-style freeze on rents

Dublin Live

Dublin City Council prepares for 'droves' of new homeless families when eviction ban ends

Dublin City Council expects a "serious pinch point" in emergency accommodation availability if the ban is lifted

The Guardian - US

How building Black is the next step in the buying Black movement

‘Things remain very much business as usual within real estate’: a Black-run Manhattan skyscraper hits a roadblock

Evening Standard

Restrict home purchases in certain areas and reform property taxes to tackle unfair housing system, says charity

Those who are currently locked out of or struggling to cope in the housing market may become even worse off, the Joseph Rowntree Foundation said.

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Dublin Live

Largest Foot Locker store in Ireland to open in the Ilac Shopping Centre

The 13,000 square feet store will bring a vibrancy to the shopping centre after the pandemic

Insider UK

'Lack of balance' in government rental property approach will hit supply

Letting agency argues that eviction moratorium and rent rise cap is causing landlords to sell up or not improve properties

Chicago Tribune

New property tax incentive could remake Chicago neighborhoods into havens for affordable housing

CHICAGO — A new property tax incentive meant to create or preserve affordable housing is already generating results within Chicago’s newest downtown apartment towers and in neighborhoods across the South and West Sides. City officials, housing advocates and some builders say it could also ensure future development doesn’t keep families…

Tribune News Service

California signs off on Oakland’s plan to add 26,000 new homes

State regulators have signed off on Oakland’s plan to add at least 26,000 new homes over the next decade — meaning the Bay Area’s third-largest city is no longer at risk of missing out on crucial funding or losing control over local development rules.

Tribune News Service

Comment: What do US growth zones have in common? They build housing

The big population shifts toward the South and inland West over the past few years have been attributed to many factors, from lower taxes and more permissive pandemic policies to better weather and fear of crime.

Tribune News Service

Housing market starts year on slow note in Las Vegas, US

Las Vegas’ housing market started the year on a slow note — and, a new report shows, so did the country overall.

Daily Record

115 new homes plan for land linked to historic Ayrshire ironworks site

A private housing developer wants to transform a vacant 4.01 hectare plot into major residential development.

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