Property News
Demand for rural homes shows 'profound, psychological change' due to coronavirus, Redfin CEO says
CNBC - 17 Apr 2020 23:38
Homebuying demand is down about 20% during the economic downturn, but there's a shift to more rural areas, Redfin CEO Glenn Kelman said on "Closing Bell."
Redfin CEO says people will still sell homes despite coronavirus outbreak
CNBC - 17 Apr 2020 23:17
Redfin CEO Glenn Kelman joins "Closing Bell" to discuss home sales.
Renovation projects take a dive despite record home equity
CNBC - 17 Apr 2020 21:29
Homebuilding activity has dropped during the coronavirus pandemic. CNBC's Diana Olick reports.
Longtime Hyde Park home of 'Chicago Tonight' host Elizabeth Brackett sold for $850,000
Chicago Tribune - 17 Apr 2020 16:41
A five-bedroom townhouse, which WTTW-Ch. 11 host Elizabeth Brackett owned until her death in 2018, was sold April 6 by her husband.
Homebuilding just had its worst month since 1984. What traders see ahead for the group
CNBC - 17 Apr 2020 16:17
As pressure builds on U.S. home construction stocks, one trader sees a better opportunity in a home improvement play.
Lincoln Park 5-bedroom with home theater: $1.9M
Chicago Tribune - 17 Apr 2020 12:00
This home in the Lincoln Park neighborhood on Chicago's North Side features heated floors on the lower level and five bedrooms.
Real estate fund manager says office sector would be last hit in a recession
CNBC - 17 Apr 2020 08:00
Goodwin Gaw of Gaw Capital Partners says the outlook for office real estate will depend on central banks and government actions to prevent a dramatic recession.
China's GDP to grow by 2% in 2020 amid virus crisis: TS Lombard
CNBC - 17 Apr 2020 06:32
China's GDP growth rate may only return to pre-coronavirus levels in the fourth quarter of 2020 at the earliest, says Bo Zhuang, TS Lombard's chief China economist.