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The Latest Breaking News on Real Estate

The crime-ridden Edinburgh scheme where locals had to 'watch over their shoulder'

The Ramps were notorious for being a colourful housing scheme but those that lived within its concrete jungle design share mixed reviews of what life was like in its streets that were overlooked by the Granton gasworks.

Edinburgh Live

RBA poised to turn the screws on mortgage holders with a tenth rate hike

Already feeling the pain after nine interest-rate rises, mortgage holders are almost certain to come under even more pressure this week

The New Daily

Reserve Bank's cash rate decision to dominate agenda

The Reserve Bank of Australia's March cash rate decision and a speech from the governor Philip Lowe will be the highlights of this week's economic news.

AAP

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Nate Paul, real estate investor in Paxton corruption allegations, found in contempt of court, ordered to jail

The judge also issued a fine of almost $182,000, citing Paul’s conduct in a legal dispute with an Austin nonprofit.

The Texas Tribune

Rent bidding is still the curse of Sydney tenants despite new laws. How can it be stopped?

The Coalition and Labor are talking tough on agents, but aren’t moving to ban unsolicited offers

The Guardian - AU

The Whickham house which has stood unfinished for almost two decades

Completion on this renowned property, which was first granted planning permission by Gateshead Council in 1998, could finally be reached within two years

Chronicle Live

Shelter Scotland launch Glasgow Central Station pop up clothes shops

Commuters will have the chance to grab some pre-loved fashion bargains later this month, with the money raised helping Shelter Scotland amidst the housing emergency.

Glasgow Live

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Is the Stock Market Finally Bouncing Back?

The S&P 500 (SPY) managed to break through the important 4,000 level, which is great news for stock traders. Looks like we might be able to climb that wall of worry after all! How did we manage to turn things around after "the worst week" so far in 2023? Read…

StockNews.com

Plan for derelict East Perth power station falls through after Andrew Forrest, Kerry Stokes pull out

The transformation of the East Perth power station site, described as a derelict eyesore, has been put on ice, following two years of negotiations between the WA government and billionaires Kerry Stokes and Andrew Forrest.

ABC News

‘Web of lies’: how scammers are taking advantage of Australia’s tight rental market

The ACCC received more than 658 reports about rental and accommodation scams last year, with a reported loss of $544,846

The Guardian - AU

Social housing proposal receives 31 objections as neighbours say it does not fit in the area

An appeal has been lodged against a social housing development in a Hobart suburb, with neighbours arguing it is poorly designed and does not fit in with the surrounding area.

ABC News

Developers make pitches for La Salle Street subsidies

Six competing teams that want to add housing to important buildings want $388 million in tax increment financing but not all will get help.

Chicago Sun-Times

Nine-storey apartment block planned for Cardiff city centre

The proposed development would see a long-standing garage and car wash demolished

Wales Online

Crucial court verdict awaited in battle over controversial Newcastle Quayside apartment block

A dispute over the future of the vacant Plot 12 site on the Quayside shifted to the Court of Appeal on Friday

Chronicle Live

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Evening Standard

Sadiq Khan accused of ‘trying to chuck up any old c**p’ to meet London housing targets

The Mayor hit back at the claim from his political opponent, defending his record on home delivery

Liverpool Echo

Neighbours couldn't open windows because of 'foul smell' coming from abandoned house

Two property owners have now been prosecuted by Liverpool City Council

Liverpool Echo

Collapsed town centre building had flats plan approved over two years ago

The derelict building collapsed last week, but permission was granted to turn it into flats in 2020

Edinburgh Live

New 1,000 Midlothian homes spark fears of giant 'suburbia' swallowing up villages

The housing development will share boundaries with Newtongrange, Mayfield and Gowkshill all of which, it was argued, have their own individual histories and characters

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Birmingham Post

Equity release - the options available for those considering it

Peter McGahan, chief executive of Cornwall-based Worldwide Financial Planning, details the options available when releasing equity in his latest column

The Independent UK

Amazon pauses construction on second headquarter in Virginia

Amazon is pausing construction of its second headquarters in Virginia following the biggest round of layoffs in the company’s history and shifting landscape of remote work

Chicago Sun-Times

Gillman’s Ace Hardware to close after 75 years in Logan Square

“I’m still walking through this kind of numb. It really hasn’t hit home,” says owner Alan Gillman, 64, who’s been holding a liquidation sale since January.

Birmingham Post

More homeowners pick Nottingham Building Society for their mortgages

Society lent more than £659 million to homeowners last year – 18 per cent up on 2021

The Guardian - UK

UK’s drive-throughs step up a gear as posh brands take to the road

Bakery chain Gail’s is latest high-street chain hoping to serve its food through car windows

Birmingham Post

Housing association Trivallis appoints new chair

Housing association Trivallis has appointed experienced business executive Nick Beckett as its new chair. Mr Beckett, 62 from Usk, replaces outgoing chair Dr Jonathan Huish, who leaves after five years leading the Pontypridd-based association throug

Axios

Home prices are now lower than they were a year ago

High rates are turning buyers off.

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