Property News
American
Property News for 11 May 2020
Treasury Secretary Mnuchin's full interview on supporting economy during crisis
CNBC - 11 May 2020 15:52
Treasury Secretary Steven Mnuchin joins "Squawk on the Street" by phone to discuss what the government and the Federal Reserve are doing to support the U.S. economy during the Covid-19 pandemic as well as interest rates,...
Chicago Cubs manager David Ross buys $1.2 million Tallahassee home
Chicago Tribune - 11 May 2020 21:41
After selling his Florida home last spring amid a divorce, Chicago Cubs manager David Ross purchased a different Tallahassee, Fla., home last fall for $1.2 million.
How real estate agents plan to handle open houses amid coronavirus pandemic
CNBC - 11 May 2020 20:16
CNBC's Diana Olick breaks down how open house tours are starting back up amid the coronavirus pandemic.
At $8.4 million, Park Tower condo deal marks the most expensive residential sale in Chicago this year
Chicago Tribune - 11 May 2020 17:32
The five-bedroom, 6,240-square-foot condo on the 51st floor in the Gold Coast building apparently sold in an off-market deal.
Seniors turn to reverse mortgages as a cash lifeline during the coronavirus crisis
CNBC - 11 May 2020 16:08
More seniors turn to reverse mortgages as a cash lifeline during the coronavirus pandemic.
Consumer advocate Richard Cordray fears rise of 'vehement' debt collectors amid pandemic
CNBC - 11 May 2020 14:00
The CARES Act provides relief measures for cash-strapped borrowers, including breaks on mortgages and student loan payments. But it will take firm federal oversight to ensure consumers benefit, said consumer advocate Ric...
UK house prices to fall on coronavirus, but analysts don't expect a 2008-like collapse
CNBC - 11 May 2020 12:12
U.K. house prices will fall "modestly" in the coming months, but are unlikely to drop as dramatically as in 2008, two analysts told CNBC.
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