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The Latest Breaking News on Real Estate

City That Forced Landlords To Evict Tenants Suspected of Crimes Will Pay $1 Million To Settle DOJ Lawsuit

Plus: Elon Musk bans Twitter account that tracks his private jet, Iong permit waits to build new apartment buildings in San Francisco, and more...

Reason

These 3 grocery stores pump up real estate values, study says

When Orlando, Florida, real estate agent Jeremy Wood writes a listing for a house, he includes the grocery stores in the neighborhood.

Orlando Sentinel

Top 10 real estate markets in the US are all in the South

Real estate in Atlanta, Raleigh, North Carolina and Dallas-Fort Worth is expected to outperform most other metro areas in 2023, according to the National Association of Realtors.

Tribune News Service

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Larger homes and home offices are now low priority for Texas residents

As monthly mortgage payments have soared over the past year due to higher interest rates, buyers are on the hunt for less expensive homes if they haven’t called off their search entirely. That could mean making some compromises.

Tribune News Service

A year after opening 600 rooms to LA's unhoused, the Cecil Hotel is still mostly empty. Here's why

It's not much — a bed with a mattress, a small nightstand, a dresser, a closet and some assorted appliances in a 160-square-foot room.

Los Angeles Times

As home prices decline, Southern Californians who bought at the peak are nervous

Surging mortgage interest rates threatened to squash Michael and Christine Hawkins' dream of home ownership. But this fall when the couple saw a Canoga Park condo languish on the market, they devised a plan.

Los Angeles Times

Councillor 'snoozes' as vote taken on affordable homes at key council housing project

Councillors met to discuss removing a planning condition requiring the council's housing company to build affordable homes

Liverpool Echo

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U.S. rents drop at the fastest rate in 7 years, per Zillow

It's another sign that inflation is easing.

Axios

‘Widespread failings’ at housing association linked to Awaab Ishak’s death

Rochdale Boroughwide Housing has identified hundreds of flats on the estate with signs of damp and mould, the Regulator of Social Housing said.

The Independent UK

Landlords told to ‘get a grip’ as almost a quarter of private rented homes do not meet standards

Figures emerge as damning report finds ‘significant’ failings by landlord of two-year-old who died in mouldy flat

The Independent UK

Shock figures show almost a quarter of private rented homes do not meet decent standard

Figures emerge as damning report finds ‘significant’ failings by landlord of dead two-year-old

The Independent UK

Green light for Canongate student development

Scottish Government overturns city council's decision after developers appealed

Insider UK

Dumfries Retail Park sold for £11 million

Local government pension fund sells up to a London-based private investor

Insider UK

Council accused of 'deceiving public' after email revelations over controversial Newcastle housing plans

It has emerged that council officials were against improving the upkeep of a former playing field in West Denton because they wanted to avoid actively encouraging locals to use it

Chronicle Live

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Manchester Evening News

Rochdale Borough Housing downgraded by regulator after failing to act for TWO YEARS after Awaab Ishak's death

The Regulator of Social Housing (RSH) has condemned RBH for sitting on its hands for almost two years after Awaab died

The Guardian - AU

NSW government strips Byron council of authority to cap short-term rentals such as Airbnb

Intervention came a day before council voted to cap use of some residential accommodation at 90 days per year

ABC News

Property developer Steve Nassif granted bail over alleged arson attack on Northwood house

Steve Nassif is facing charges over his alleged involvement in a suspicious house fire that destroyed a $24 million property on Sydney's lower north shore.

Los Angeles Times

Accused of illegally evicting Black and Latino renters, Southern California city, sheriff to pay $1 million

LOS ANGELES — A Mojave Desert community and sheriff’s department will be forced to spend nearly $1 million to settle a civil rights lawsuit alleging they discriminated against Black and Latino renters, the U.S. Department of Justice announced Wednesday.

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news in one place.

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Bangkok Post

52,000 title deeds to be given

The Land Department has kicked off its 2023 land survey campaign, aiming to issue 52,000 land titles to people in 69 provinces.

ABC News

Byron Bay's 90-day holiday rental cap vote shut down by NSW government intervention

The Byron Shire Council was on the verge of making a ground-breaking vote today to restrict holiday rentals around the tourist hotspot. Then the state government took the decision out of its hands.

Bristol Post

Channel 4's Location, Location, Location: Multi-generational Ham Green flat allowed couple to buy dream home

Tonight's episode of the Channel 4 show saw Phil Spencer catch up with the Garner family, who bought a flat in Ham Green in 2017

Liverpool Echo

Birkdale bedsits approved despite fears over 'friends with benefits'

The discussion prompted one councillor to ask “can you not get your leg over in a single bedroom?"

Bangkok Post

Greater Bangkok condo launches decline in Q3

New condo supply launched in Greater Bangkok in the third quarter dropped consecutively from the first and second quarters as inflation and rising interest rates affected development costs.

Irish Mirror

People Before Profit TD Richard Boyd Barrett defends objecting to over 1,300 homes in his constituency in the last two years

It comes just days after People Before Profit tabled a motion of no confidence in Housing Minister Darragh O’Brien

Liverpool Echo

Building in 'disrepair' sells for almost £80k over guide price

Sutton Kersh Auctions has sold property worth £58m in Liverpool over the last year

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