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The Latest Breaking News on Real Estate

New Mexico city sued for hounding, harassing the homeless

The American Civil Liberties Union of New Mexico and others are suing the city of Albuquerque in an effort to stop officials in the state’s largest city from destroying homeless encampments and jailing and fining people who are living on the street

The Independent UK

Mirvac CEO to lead housing advisory body

Susan Lloyd-Hurwitz will take the helm of the interim National Housing Supply and Affordability Council, which will have five more members, from next year.

AAP

After latest insurance reforms, what rights do Florida policyholders have left?

Hemorrhaging losses, Florida’s property insurance industry has finally convinced the state Legislature to abolish practices it blames for skyrocketing premiums, carrier failures and plummeting availability of private-market coverage.

Tribune News Service

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Businesses and workers aren’t abandoning the office

More executives now say they plan to renew leases on office space, and more workers say they want to return to in-person work.

Chicago Sun-Times

Everton takeover: Kaminski group stance after new club purchased and 'secret talks'

Maciek Kaminski's KAM Sports LLC had been heavily linked with a takeover bid for Everton earlier this year

Liverpool Echo

Without infrastructure upgrades it's a rough road to alleviating Hunter's housing shortage

The Hunter has a housing shortage and affordability challenge, and the backlog of regional road upgrades is a major contributor.

Newcastle Herald

US homebuilder sentiment extends record decline to 12 months

U.S. homebuilder sentiment fell every month in 2022, sinking in December to a level not seen in over a decade outside of the pandemic amid elevated mortgage rates and high construction costs.

Tribune News Service

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Mum faces eviction from childhood home after being told she didn't have tenancy

Michelle Hughes, 33, has been left "frightened" facing eviction from her childhood home in Newtownabbey, Northern Ireland, within a matter of weeks - she had been living there since November 2019

Daily Mirror

Conservationists near goal of turning Orange County oilfield into nature preserve

LOS ANGELES — The nonprofit Trust for Public Land on Friday completed the purchase of an oil field that sits atop the coastal bluffs of Newport Beach, guaranteeing the property will be cleaned up and preserved as open space.

Los Angeles Times

What is the outlook for the commercial property market?

Globally and locally there’s uncertainty in the commercial real estate sector. Interest rates and inflation are rising, and organisations are still working out what their offices will look like in a post-Covid world. BNZ’s Phil Bennett ponders seven likely trends for 2023 | Content partnership

Newsroom.co.nz

LOCALIZE IT: US homelessness tally stable through pandemic

EDITORS/NEWS DIRECTORS:

The Independent UK

Ayrshire harbourside homes plan revived for Irvine

Building giants Ashleigh (Scotland) Ltd are seeking planning consent to build a mix of flats and family houses.

Daily Record

Midlothian landlady's fight to keep plastic window frames backed by MSP

The landlady acted to replace the deteriorating timber window frames for the health and safety of her tenants, she said, however planners were unimpressed by the use of UPVC and demanded they were taken out

Edinburgh Live

We had no idea we could get social housing, but it has changed our lives

Too many are missing out due to shortages and stigma, says journalist Nicholas Fearn

The Guardian - UK

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WEKU

The Los Angeles mayor says the city will move unhoused people indoors

Los Angeles Mayor Karen Bass said the city will start moving unhoused people to hotels and motels. Meanwhile, she signed an executive order to hasten the process of building affordable housing.

Daily Mirror

Mum forced to live in flat with premature baby surrounded by fluffy black mould

Asheena Davis, 42, from Cricklewood, North West London, claims she was forced to live in a flat with her premature daughter surrounded by fluffy black mould and asbestos - and is still battling to have it removed years later

Evening Standard

Discount market sale: how one Londoner used the housing scheme to get full ownership of his first home

A first-time buyer scheme designed for locals in his home borough helped Florian Guitton get on the ladder in west London.

The Guardian - UK

Should we share our survey report with a seller or were they cheeky to ask?

It includes a long list of problems and we have shared the risks section

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Evening Standard

London house prices 2022: Did the property market forecasters get it right?

Some early 2022 predictions have stood the test of time better than others.

Nottingham Post

More than 4,500 homes in Nottingham empty according to government data

Data from the Department for Levelling Up, Housing and Communities shows at least 4559 homes liable for council tax in the city had been unoccupied for at least six months.

Liverpool Echo

Whopping six bedroom Victorian semi at bargain auction price

Someone could get their hands on this property for a discounted price

ABC News

Residents of 73 remote communities launch class action against NT government alleging poor conditions, racism

Solicitor Dan Kelly says residents in all 73 remote communities in the NT are left with "no choice" but to pursue legal action.

AAP

Class action over 'uninhabitable' housing

A class action has been launched in the Federal Court alleging the NT government failed to properly maintain housing in 73 Aboriginal communities.

ABC News

Agents and auctioneers offer inside perspective on COVID-19 property boom no-one saw coming

For much of the pandemic we have been hearing about the impact of the booming housing market, but what has it been like for those working in the real estate industry? And why are some Queensland agents thankful the market is finally cooling?

The Guardian - AU

Wong urged to raise human rights concerns on Beijing trip – as it happened

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