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Despite tentative signs of improvement, the US real estate market remains trapped in a familiar dilemma: high prices and dissuasive interest rates. The latest data published on home sales, house prices and loan applications confirm one fact: activity is stabilizing, but at a historically low level, with little chance of a real recovery without a marked easing in mortgage rates.A deceptive improvement in existing home salesIn May, sales of existing homes rose by 0.8% month-on-month, reaching an annualized rate of 4.03 million transactions, according to the National Association of Realtors...

Bournemouth has been named the most in-demand coastal location for buyers, with its stunning natural beauty, extensive green spaces, and appealing property market all contributing to its popularityBournemouth beach in Dorset is a very popular spot for tourists(Image: John Harper via Getty Images)Bournemouth, the charming coastal town situated on England's southern coast, has recently experienced a significant increase in popularity among property buyers. The latest figures from Rightmove reveal that Bournemouth has become the most sought-after seaside location for purchasers, a trend fuelled by its breathtaking natural beauty, abundant green...

The 35,616-square-foot building that’s home to a Tesla Collision Center in Irvine sold May 28 for $21 million. SRS Real Estate Partners said Tesla has a 10-year triple net lease with options to extend at 18011 Mitchell South. The seller was North Palisade Partners, a Los Angeles-based developer. The buyer, Np Mitchell LLC, was represented by Costa Mesa-based Tidemark Real Estate. SRS Capital Markets Senior Vice President Pat Weibel said the property offered up a well-known tenant in “an affluent demographic base in the heart of Orange County, on the border...

Thousands of homes in Brighton and Hove are being used as holiday lets while locals struggle to get on the property ladder, according to a new council report. Figures published by the regional authority have laid bare the extent of the popular seaside city's overtourism crisis - with up to 6,000 properties being used as short-term lets for holidaymakers in the area. The local authority is considering introducing a restrictive licensing scheme for holiday lets to ensure they don't dodge health and safety standards and are appropriately penalised for breaches...

If you’re looking to downsize, the best 15 towns for finding the ideal property and a slower pace of life have been named. In a new list by The Telegraph, the most popular hotspots for people to downsize homes have been revealed. In the South West, the top hotspots include Kingskerswell in Devon, Brixington in Exmouth.In the South East, the top hotspot is Shoreham-by-Sea in West Sussex. Shoreham-by-Sea is a quiet area which is just a short distance from Brighton. It’s a stunning area to enjoy the coast without being...