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Property News

Location American Property News for 2 March 2016
Pending home sales in the United States fell by 2.5% in the first month of 2016 following the highest average year in nearly a decade, the latest index shows. On the South saw sales rise, but sales are still 1.4% higher ...
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Cubs second baseman Zobrist buys in North Center

Chicago Tribune - 2 Mar 2016 20:28
New Chicago Cubs second baseman Ben Zobrist last month paid $1.84 million for a newly built six-bedroom, 4,800-square-foot, Victorian-style mansion in North Center. A Eureka native, Zobrist, 34, in December signed a four...
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Former ABC 7 anchor Perez lists Hinsdale home

Chicago Tribune - 2 Mar 2016 20:22
Former WLS-Ch. 7 anchor and reporter Sylvia Perez and her husband, Daniel Blasdell, have placed their four-bedroom, 4,375-square-foot mansion in Hinsdale back on the market for $1.95 million, after a hiatus of more than ...
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A new proposal wants to turn the Immaculate Conception Church into 63 residential units.
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One in six tenants in the UK have rented out part or all of their property to someone who isn’t on the lease agreement, new research has found. Some 25% who sub-let their property didn’t check the terms of their leas...
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Demand for Spanish properties is growing significantly, with recovery in both the residential and commercial markets making Spain increasingly popular with domestic and international buyers. However, so far prices remain...
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The vast majority of councils in England do not think that Starter Homes should be classified as affordable housing and only 7% of councils think they will address the need for affordable housing in their local authority...
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Low mortgage rates are no longer a novelty, hence no longer a sudden incentive for mortgage borrowers.
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UK farmland market sees east/west divide open up

Property Wire - 2 Mar 2016 11:12
An east/west divide in value growth for farmland in the UK has opened up in what has been a mixed year for sector, according to a new analysis report. Indeed, 2015 was a year of change across the farmland markets as, for...
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Cresa Hires Former Cushman Executive as CEO

Wall Street Journal - 2 Mar 2016 03:44
Cresa, a commercial-real-estate services firm that says it is one of the few brokerages that doesn't suffer a conflict of interest, has hired a former senior executive of Cushman & Wakefield as chief executive.
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Attitudes appear to have shifted from a decade ago, when residents were fiercely against condo development.
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