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Property News for 13 December 2018
Housing demand drops despite falling mortgage rates
CNBC - 13 Dec 2018 21:03
CNBC's Diana Olick reports on the drop in housing demand despite falling mortgage rates.
Homebuilders are not getting a bump from lower mortgage rates
CNBC - 13 Dec 2018 17:30
Mortgage applications to purchase a newly built home dropped 11 percent in November, annually, according to the Mortgage Bankers Association. MBA economists predict that sales of newly built homes in November fell 5 perc...
Democratic state senator blasts Amazon's HQ2 as a PR scam, saying 'New York fell for it'
CNBC - 13 Dec 2018 00:04
"I don't think it's worth providing $3 billion and setting a precedent" for other companies to pick the city's pockets, state Sen. Michael Gianaris says.
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