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Property News

Location American Property News for 23 July 2018

The low-priced home shortage continues

CNBC - 23 Jul 2018 22:45
The shortage continues for homes priced $250,000 or less. This is especially troublesome for first time homeowners and families looking to upgrade.
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New York City has long been considered rat central. But, a new study reveals that Chicago has taken over as "rat capital" of America, USA Today reports.
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Susan Wachter, University of Pennsylvania Wharton School real estate professor, and Aaron Terrazas, Zillow senior economist, discuss the state of the housing market.
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Citadel's Ken Griffin says the Trump tax plan's cap on property, state and local income tax deductions will hurt Northern states and high-end home values in those geographies.
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Existing home sales down 0.6% in June

CNBC - 23 Jul 2018 16:00
CNBC's Diana Olick reports the latest
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Selling a property in London's sluggish market is not easy.
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