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The Latest Breaking News on Real Estate

At 26, She Cashed Out $60,000 From Her 401(k) For Fast Food And Band Merch. Financial Auditor Tells Her '$60,000 Would Have Been $1 Million'

Presley, a 27-year-old retail manager from Houston, once had something most people her age only dream about: a $60,000 401(k) balance. But in a moment of financial chaos, she cashed out the entire thing.

Benzinga

Top Earning Cities for Millennials Include Jersey City and Berkeley, Study Says

Across large U.S. cities, millennials earn an average of 8.8% more than the overall median household income, a new SmartAsset study found. But in some places, that gap is much wider, especially in cities like Jersey City, New Jersey, and Berkeley, California.

Benzinga

London families wait 18 years for council home as Government tells Sadiq Khan: 'Build, baby, build!'

Labour MPs spell out full extent of London housing crisis as 330,000 families seek permanent home

Evening Standard

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UK house prices rise at fastest rate since January 2025

Halifax says October increase pushes average cost of home to £300k despite uncertainty over possible budget tax changes

The Guardian - UK

FTSE 100 Live 07 November: IAG and Rightmove shares slide, ITV holds Sky talks

ITV has confirmed early stage talks over a possible sale of its broadcasting arm to Sky.

Evening Standard

Social housing to see £7 billion boost as mayors urged to ‘go bold’ with plans

Local leaders in England will be able to specify the types of homes needed in their areas and which sites to prioritise for construction.

Evening Standard

Apartment scams are on the rise as renters turn to social media to try to find housing deals

So far this year, FBI received 130 real estate complaints referencing social media sites which totaled around $600,000 in losses

The Independent UK

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He Hit His Coworker's Car In 2020 And Paid $2,600 For Repairs. Five Years Later, The Car's Still Unfixed And The Coworker Demands More Money

In a recent Reddit post on r/mildlyinfuriating, someone shared a situation that many called absurd, hilarious and legally hopeless. The original poster explained that he accidentally hit a coworker's car in 2020 during a snowstorm. He did the responsible thing: admitted fault and paid $2,600 directly to the coworker so…

Benzinga

Huge opposition to 2,000 homes planned on London green belt

Thousands sign petition opposing developer’s plans to build homes on green belt site in Bromley

Evening Standard

Why Labour lacks credibility when it comes to housing

Letter: Kate Macintosh calls for a cessation of right to buy and highlights hypocrisy within the government

The Guardian - UK

'Moving to Islington is impossible for an ordinary person,' local MP Emily Thornberry tells Parliament

London MPs lined up during a debate in the Commons to highlight the scale of the housing crisis facing the capital

Evening Standard

Interest rate cuts might have less impact than thought

Mortgage holders were smashed by the fastest interest rate hiking cycle in decades post-pandemic, but a study has found it did little to dampen spending.

AAP

'Serious housing fraud' uncovered at London council as dozens of homes 'given to people who weren't eligible'

Council worker who 'fraudulently gave houses to people not eligible for them' faces criminal investigation

Evening Standard

This 'Big Short' Investor Owns Every Magnificent 7 Stock Except The One He Thinks Has A Cult-like Following

"Big Short" investor Steve Eisman's portfolio includes every stock in the Magnificent 7 except for one, whose shareholders he likened to a cult for their unwavering belief in its long-term future.

Benzinga

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The Guardian - AU

‘Poor doors’: affordable housing tenants have to use back entrance to access Barangaroo apartments

Those paying discounted rent at Watermans Residences can’t use pool or gym, either. Critics say segregation ‘a dystopian microcosm of housing inequality’

The Guardian - UK

Bank of England’s decision to keep interest rates at 4% is not all doom and gloom

Close-run vote raises hopes of rates cut in December, with inflation said to have peaked at 3.8%

Benzinga

Wall Street's Most Accurate Analysts Weigh In On 3 Real Estate Stocks With Over 8% Dividend Yields

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.

Louder

“We were very aware of creating something that didn’t sound exactly like anybody else. Now, of course, it sounds like everyone else”: This cult Seattle band helped invent 90s emo. Then Dave Grohl poached two of their members for Foo Fighters

Seattle was the home of grunge, but 90s emo pioneers Sunny Day Real Estate offered something grander.

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Benzinga

High Earners Just Did the Math On Cash Emergency Funds—The Opportunity Cost Is Staggering

The age-old financial wisdom of stashing six to twelve months of expenses in cash is facing a rebellion from an unlikely group: high earners who’ve crunched the numbers and decided the traditional emergency fund might be costing them hundreds of thousands in lost returns.

Benzinga

31-Year-Old Says She's Done Paying The Family Phone Bill For 6 Lines—She's Shutting It Off, But Her Dad Says 'Wow, Harsh' And Her Aunt Called Crying

For nearly a decade, a 31‑year‑old woman quietly shouldered her family's phone bill — a six‑line Verizon Wireless plan that once started as a kind favor when her dad was laid off and her mom was still using a flip phone.

International Business Times

Net Gains Real Estate's Approach to Putting Clients First and Creating Value Through Experience and Expertise

After 45 years of service, Flint's story is one of resilience and reinvention, anchored by a belief that doing good work never goes out of style.

The Guardian - AU

The RBA predicts inflation will rise faster than wages. Let’s hope it’s wrong

If the Reserve Bank is right, then by the end of 2027 the average wage will only have the same purchasing power as it did at the end of 2011

Benzinga

Dave Ramsey Tells A 30-Year-Old That $6 Million Isn't Enough To Retire: 'You Can't Quit On That'

Financial guru Dave Ramsey recently got a call from a 30-year-old who thinks he can retire with a $6 million portfolio. While a large portfolio gives him a better chance of retiring early, Ramsey steered him away from that decision.

Benzinga

Less Than 1 In 5 Vanguard 401(k) Participants Are Using A Roth 401(k), Suze Orman Says 'That Is Nuts'

If you have a 401(k) through work, there's a chance your employer offers a Roth 401(k) option — and it's becoming more common. According to Vanguard, 86% of their 401(k) plans included a Roth feature at the end of 2024. That's up from 74% just four years earlier. Among larger…

Benzinga

Warren Buffett Says Marrying The 'Right Person' Is The Most Important Decision Of Your Life—'I Can't Overemphasize How Important That Is'

It wasn't a stock, a company, or a billion-dollar bet. According to Warren Buffett, the most important decision you'll ever make isn't even financial—at least not at first glance. It's who you marry.

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