Luxury Airbnb High-Rises Are Reshaping Miami’s Skyline

West Eleventh residences, a luxury building in downtown Miami slated to break ground this summer, promises “endless indulgences.” It will feature an entertainment center, food hall, and a resort pool with private lounges—no amenity is spared. But these condos are designed to lure more than just Miami residents. The tower is part of a new … Read more

NSW’s cheapest freestanding home is located in Bourke and on the market for just $49,000

The cheapest freestanding home on the market in NSW is selling from $49,000 — but there’s a catch. Located in Bourke, in NSW’s northwest, the home is referred to as “cheap as chips” in the online listing. The average house price in Sydney was $1,595,310 in December last year, according to Domain’s House Price Report. … Read more

Biden Stalls On Climate Rule That Would Save Americans Money

The Biden administration is racing to finalize regulations to curb planet-heating emissions from lightbulbs, automobiles and trucks before a key deadline, after which any new rules could be undone by Donald Trump if he retakes the White House. With just over six months before the election, at least one major Biden proposal appears to be … Read more

White House Hesitates To Bring Back Fair Housing Rule

WASHINGTON — The White House is hesitating to finalize a government policy meant to reduce housing segregation out of fear it would cause a conservative backlash, according to a senior official. The Biden administration’s new proposal is a redo of a fair housing rule that Donald Trump rescinded in 2020. He’d claimed it would “destroy” … Read more

National rent in Australia hits record high of $630 a week

The pain keeps piling on for Australia’s long-suffering renters. Asking rents rose their fastest in 17 years in the first quarter as the typically busy start-of-year changeover collided with an already tight market. The median cost of renting a house in the combined capitals reached a record $630 a week, according to real estate platform … Read more

Mortgage refinance demand surges even as rates cross back over 7%.

This aerial picture shows homes near the Chesapeake Bay in Centreville, Maryland, on March 4, 2024. Jim Watson | Afp | Getty Images Overall mortgage demand has now moved sideways for three straight weeks, but last week saw a split between those looking to buy a home and those hoping to save money with a … Read more

Why new build homes can lead to a property tax surprise

Comstock Images | Stockbyte | Getty Images It’s not unusual for new homeowners to face financial surprises, but people buying a newly built home may be more likely to encounter sticker shock on a key expense. Almost 75% of recent homebuyers had regrets about their purchase, according to a 2023 survey from Real Estate Witch. … Read more

Can more federal cash ramp up pre-fab housing? Trudeau pitches funds

The federal Liberals want to boost pre-fabricated housing and are again laying out millions of dollars in more spending as political pressure to tackle the housing crunch builds. Friday’s announcements on more funds for pre-fab construction and as part of a series of announcements teeing up what is set to be a housing-focused budget. Prime … Read more

Biden’s plan to cap rent hikes in certain units: Here’s what to know

Alexander Spatari | Moment | Getty Images The Biden administration moved this week to limit how much rent can rise in certain affordable housing units across the country. While some housing experts criticized the move, tenant advocates said the new rule, which will cap rent increases at 10%, will help people to stay in their … Read more

Trudeau pitches apartment building push with $15B more in loans – National

By Staff The Canadian Press Posted April 3, 2024 12:24 pm 1 min read Descrease article font size Increase article font size The federal government is setting aside another $15 billion in the upcoming budget for its apartment construction loan program. Prime Minister Justin Trudeau says the funding will help build another 30,000 apartments within … Read more