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Property News

Location American Property News for 17 April 2020
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."
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Redfin CEO Glenn Kelman joins "Closing Bell" to discuss home sales.
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Homebuilding activity has dropped during the coronavirus pandemic. CNBC's Diana Olick reports.
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Longtime Hyde Park home of 'Chicago Tonight' host Elizabeth Brackett sold for $850,000 A five-bedroom townhouse, which WTTW-Ch. 11 host Elizabeth Brackett owned until her death in 2018, was sold April 6 by her husband.
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As pressure builds on U.S. home construction stocks, one trader sees a better opportunity in a home improvement play.
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Lincoln Park 5-bedroom with home theater: $1.9M

Chicago Tribune - 17 Apr 2020 12:00
Lincoln Park 5-bedroom with home theater: $1.9M This home in the Lincoln Park neighborhood on Chicago's North Side features heated floors on the lower level and five bedrooms.
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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.
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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.
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