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Property News

Location American Property News for 25 August 2020
Safety, the coronavirus and tax policy are making people want to leave major U.S. cities, Starwood Capital founder Barry Sternlicht told CNBC.
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Redfin CEO on the surge in home sales

CNBC - 25 Aug 2020 23:47
New home sales jumped 14 percent last month. More people are considering buying homes amid the pandemic as employees work from home and interest rates fall. Glenn Kelman, CEO of Redfin, joins 'Closing Bell' to discuss ho...
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In the absence of any sweeping national ban on evictions during the pandemic, many tenants will find themselves at the mercy of temporary and narrow local laws. That can be tricky.
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The migration to the suburbs continues

CNBC - 25 Aug 2020 20:34
CNBC's Diana Olick reports on the increased demand for housing in the suburbs and the impact it's having on house prices.
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Restaurants have so far limped along through the worst of the coronavirus pandemic. But key pillars of support for their businesses will soon evaporate, spelling disaster for their eateries -- and their landlords.
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Sales of newly built homes soared 36% annually across the nation in July, as pent-up demand from the shut-down spring market, combined with urban flight and a new desire for more work-at-home space fueled already strong ...
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Home prices rose 4.3% annually in June, unchanged from the gain seen in May, according to the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index.
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Apple says it is planning to open "soon" a new Apple Store in Singapore that appears to float on the water.
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The lack of tech workers in and around East London's Shoreditch neighborhood isn't going unnoticed.
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