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A chill has fallen over the US housing market. The typical American home is selling at its slowest pace in six years, according to a new Redfin report. Competition between buyers declined as the supply of homes hit a five-year high. The fresh data, first reported by Mansion Global, reveals that the post-2020 heyday of multiple offers, bidding wars and hair-trigger buyers is well and truly over. Homes haven’t spent this long on the market since 2019. moodboard – stock.adobe.com Inventory has been piling up this year amid uncertainty and...

Landlords tell The i Paper increasing regulations could lead them to selling up in the UK and investing in properties abroad Rent controls could drive landlords out of the UK as they feel the market is becoming “too restrictive” and “unprofitable”, they have warned.The Renters’ Rights Bill (RRB), although not yet finalised, is expected to pass into law by the summer of 2025.Intended to give tenants greater protection, it spells the end of Assured Shorthold Tenancies – the most common type of agreement if you rent to private individuals.Instead, tenancies...

Trump's Tariffs could see iPhone prices jumpDue to President Donald Trump's new import tariffs, the price of the iPhone could rise by up to 43% in the U.S.unbranded - NewsworthyCorrections & Clarifications: The story has been updated throughout to include, correct and clarify nuances of the industry and to correct an error. The National Association of Realtors location was misstated in an earlier version of the story. NAR is based in Chicago. A new policy clarifying how homeowners may list their properties for sale may instead sow confusion and friction in...

The movement to drastically cut and even eliminate property taxes, which local governments heavily rely on to fund crucial public services, is gaining momentum in Republican-led states across the country.Four states—including Florida, Illinois, Kansas and Pennsylvania—currently have plans to eliminate property taxes entirely. Others—including Texas and Montana—are trying to significantly reduce them.In Florida, Republican Senator Jonathan Martin introduced Senate Bill 852 after Governor Ron DeSantis expressed on X earlier this year his support for eliminating property taxes entirely."I agree that taxing land/property is the more oppressive and ineffective form of...

Lauren had been living in Los Angeles for close to 10 years when she decided she was ready to buy a home - but found she was outpriced in her home countryLauren found the perfect home close to Florence(Image: Anadolu via Getty Images)After a decade in Los Angeles, 29-year-old American Lauren Scott was ready to take the plunge and buy her own home. She embarked on her property journey back in 2019 with a hefty $400,000 (£309,900) budget but as 2020 brought in the pandemic, she found herself outpaced by...

A survey revealed the best places to live in England and Wales in 2024 - and the top 10 list was filled with stunning countryside locations, including a town in DerbyshireThe Torr Vale Viaduct at New Mills(Image: Getty)Brits are known for their love of holidays abroad, often seeking out sunnier climates and exotic landscapes.However, the UK is home to a wealth of stunning locations that are not only popular with tourists but also loved by those who live there. From Cornwall's sandy beaches to Wales' towering mountains, the Lake District's...

Seattle named 9th most expensive city in U.S.According to a report from Oxford Economics, it takes a household income of $200,000 to afford a new home in Seattle, including property taxes and insurance costs.Fox - SeattleProperty taxes are a thorn in the side of homeowners. While many of us wish we didn't have to pay them, we don't have a choice. Just how much you pay depends on where you live, as taxes fluctuate from state to state and from town to town.In New Jersey, property taxes are significantly higher...

The town was named seventh in a list compiled by property website Rightmove where people looking to get their first home would find the most affordable locations.11:02, 10 Mar 2025Updated 12:21, 10 Mar 2025Paisley has been highlighted as an affordable location to buy a first-time home(Image: Andrew Neil)Paisley has been named among the cheapest places in the UK to buy a first-time home.The town was named seventh in a list compiled by property website Rightmove where people looking to get their first home would find the most affordable locations. The...

Sign up for the Slatest to get the most insightful analysis, criticism, and advice out there, delivered to your inbox daily. For years, the house next door to ours was condemned. The retired federal employee who owned it lived elsewhere and seemed mostly to use the property to store a whole bunch of his junk. I would sometimes see him puttering around the library in our part of Arlington, Virginia. Though I would have preferred a neighbor who was friendly and present, I was grateful that for some unfathomable reason he never...

President Donald Trump is swinging the axe at government waste, eyeing a blockbuster sell-off of 443 federal properties spanning 47 states, DC and Puerto Rico. The move, aimed at gutting the bloated federal workforce and the pricey buildings they occupy, could dump nearly 80 million square feet of commercial space — 12 times the Pentagon’s footprint — onto the market. The General Services Administration (GSA) dropped the staggering list of “non-core” assets on Tuesday, spotlighting a haul that could save taxpayers a cool $430 million a year in upkeep costs,...