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Property News for 13 August 2019
Household debt hits highest level since 2008: NY Fed
CNBC - 13 Aug 2019 20:52
The average U.S. household's debt is at its highest level since 2008, according to the New York Fed. Mortgages make up 68 percent of the total balance.
More signs point to a softer housing market, even as mortgage rates fall
CNBC - 13 Aug 2019 18:06
Builders and buyers alike are pulling back, even as mortgage rates fall to multiyear lows. The housing market is simply too pricey.
Scotts Miracle-Gro CEO on legalizing cannabis
CNBC - 13 Aug 2019 17:51
James Hagedorn, Scotts Miracle-Gro chairman and CEO, joins "Squawk on the Street" to discus the housing market, legalization of cannabis and more.
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