Property News
American
Property News for 5 August 2020
U.S. home ownership rate hits highest level since 2008
CNBC - 5 Aug 2020 23:02
U.S. consumers have purchased homes at record levels as low mortgage rates encourage demand. U.S. home ownership rose to 67.9 percent in the second quarter, the highest level in more than 10 years, according to the Comme...
Suburban growth is now double that of cities--Here's what it could mean for the urban future
CNBC - 5 Aug 2020 21:37
People have been fleeing crowded cities, but it's accelerated since the pandemic. CNBC's Robert Frank reports on what it could all mean for the future of cities.
Touchless entry, ionizing HVAC: In the time of COVID-19, these 3 new luxury residences are making sure they're outfitted for pandemic life.
Chicago Tribune - 5 Aug 2020 19:55
Three new luxury residences -- Parkline Chicago, Porte and The Orchard -- bring smart design and some built-in COVID-19 safety features.
Mortgage rates set another record low, but borrowers take a step back
CNBC - 5 Aug 2020 13:00
Even with another record low mortgage rate, mortgage application volume decreased 5.1% last week, according to the Mortgage Bankers Association.
Condo Adviser: Can a condo board mandate face masks in common areas during COVID-19?
Chicago Tribune - 5 Aug 2020 12:00
As the COVID-19 pandemic wears on, here's how condominiums should handle issues like mask mandates, visitor restrictions and assessment obligations.
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