Property News
WGN reporter Tom Negovan buys condo in Loop high-rise
Chicago Tribune - 6 Jan 2016 20:10Latest development proposals aim for Beacon Hill and the South End
Boston - 6 Jan 2016 20:50
A South End bakery and a Beacon Hill college building are the latest properties to be swept up by Boston's red hot luxury apartment and condo boom.
Former Sox, Cubs pitcher Neal Cotts buys house in Libertyville, sells Ukrainian Village condo
Chicago Tribune - 6 Jan 2016 20:13Buy to let landlords in UK well placed to cope with an interest rate rise
Property Wire - 6 Jan 2016 16:45
Buy to let landlords in the UK are financially resilient and are well placed to cope with expected higher borrowing costs, according to a new survey. Asked how they would deal with a 1.5% rise in Bank rate, three quarter...
Property market in Cyprus is stabilising but recovery unlikely yet in coming months
Property Wire - 6 Jan 2016 14:44
Residential property prices in Cyprus appear to be stabilising but experts are divided on how the market will pan out over 2016. The most up to date figures from the Cyprus Central Bank’s index covering the third quart...
Mortgage applications plunge after Fed hike rush
CNBC - 6 Jan 2016 14:00
A Fed rate hike pulled mortgage demand forward, and made for a steep drop-off in the past two weeks.
Over a quarter of sales fell through in the UK in last few months of 2015
Property Wire - 6 Jan 2016 12:20
The house sale fall through rate in the UK increased in the last quarter of 2015, with more than one in four house sales falling through, new research has found. There was a house sale fall through rate of 27.94% in the ...
Wilmette home sells for $7 million, again
Chicago Tribune - 6 Jan 2016 10:00Stamp duty levels to continue to affect prime central London property market
Property Wire - 6 Jan 2016 08:37
The prime central London property market has seen a year of two halves but uncertainty over stamp duty levels is set to continue to affect the upper part of the sector in 2016, new research suggests. Just over a year the...
Mall Owners, Retailers Bullish on Debt-Ridden Puerto Rico
Wall Street Journal - 6 Jan 2016 04:26
Puerto Rico's government is struggling to pay its bills. But mall owners and retailers are betting that consumers on the island will keep on spending.
A High-Rise Plan Kills High for Ken Kesey Fans
Wall Street Journal - 6 Jan 2016 03:40
Real-estate developers in Eugene, Ore., have proposed building an apartment complex. To do it, they want to level the public park that hosts a statue of author Ken Kesey, one of the city's most famous cultural exports.
Sovereign-Wealth Funds to Invest $380 Million in Italian Property
Wall Street Journal - 6 Jan 2016 02:33
Sovereign-wealth funds are picking up Italian real estate as the nation's economy recovers.