Property News
American
Property News for 20 October 2017
Millennials are driving the market: Redfin real estate agent
CNBC - 20 Oct 2017 21:44
Kas Divband, Redfin real estate agent, discuss millennials using their parents' home equity lines to buy homes of their own.
A $5 million man cave? What New York's luxury real-estate buyers want right now
CNBC - 20 Oct 2017 20:58
From a $5 million man cave to Tesla charging stations and dog spas, here's what New York's luxury real-estate buyers want now.
The CEO of start-up WeWork reportedly bragged that he sold more than $100M worth of company shares
CNBC - 20 Oct 2017 20:28
A CEO selling large amounts of shares in a company is sometimes viewed as a lack of confidence by investors.
Billionaire John Arnold on FEMA response to Harvey: There are a lot of politics involved in drawing flood maps
CNBC - 20 Oct 2017 19:36
CNBC's Brian Sullivan speaks with John Arnold, Centaurus Advisors, and Tilman Fertitta, owner of the Houston Rockets and Landry's CEO, about Houston's recovery from Hurricane Harvey.
House flipping is making a comeback thanks to rising home prices
CNBC - 20 Oct 2017 19:31
House flipping requires fast access to money, and developers are willing to pay higher interest rates for it, N.Y. Times reports.
Rebound in Houston home sales fuels uptick nationally
CNBC - 20 Oct 2017 18:11
Houston area sales rose 4 percent in September from the prior year, after dropping nearly 24 percent in August.
Chinese property boom is propping up President Xi Jinping's hopes for the economy
CNBC - 20 Oct 2017 16:25
Real estate development helped put the economy in a good place, but the demand's sustainability is questionable, Financial Times reports.
US existing home sales unexpectedly rebound in September
CNBC - 20 Oct 2017 16:17
Existing home sales rose 0.7 percent to a seasonally adjusted annual rate of 5.39 million units last month.
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