Property News
March home sales drop 8.5% as sellers take properties off the market - and the coming months look worse
CNBC - 21 Apr 2020 16:35
These sales figures are based on closings that represent contracts signed mostly in late January and February, before the coronavirus shut down so much of the economy.
Many buyers are looking to renegotiate deals before closing: Luxury realtor
CNBC - 21 Apr 2020 20:34
Noble Black, Douglas Elliman luxury realtor, joins 'Power Lunch' to discuss how sellers and new buyers are moving in the real estate industry as the pandemic continues.
'Reopen the economy' -- Barry Sternlicht worries about 'financial suicide' from coronavirus closures
CNBC - 21 Apr 2020 20:02
The possible destruction of the U.S. economy must be weighed against the diminishing health risks from the coronavirus, real estate mogul Barry Sternlicht told CNBC on Tuesday.
As mortgage bailout balloons amid coronavirus outbreak, servicers finally get some relief
CNBC - 21 Apr 2020 18:56
For weeks, the mortgage industry has been crying for help while being left on the hook to pay for much of the government's mortgage bailout. Now they're getting some relief.
Existing home sales fall 8.5% in March, vs. 7.5% expected
CNBC - 21 Apr 2020 18:52
CNBC's Diana Olick reports on the latest existing home sales data for the month of March, at the height of the coronavirus pandemic.
Mortgage market getting relief from Fannie and Freddie
CNBC - 21 Apr 2020 18:16
CNBC's Diana Olick reports on relief efforts by Fannie Mae and Freddie Mac to support the number of mortgages in forbearance.
How your company office could change in the post-coronavirus era
CNBC - 21 Apr 2020 18:14
The coronavirus pandemic has thrown office workers into a massive, unprecedented work-from-home experiment. When the crisis eventually passes, workers will be going back to the office, but the work spaces will be very di...
Frank Lloyd Wright-designed house in Elmhurst sells for less than land value at $825,000
Chicago Tribune - 21 Apr 2020 12:00
Built in 1901 and known as the F.B. Henderson House, the five-bedroom Prairie-style home sold for less than land value in Elmhurst.