Property News
As homes become offices, gyms and more, COVID-19 has upended how we think our living spaces should work
Chicago Tribune - 10 Sep 2020 18:47
Six months into the COVID-19 pandemic, Chicagoans are rethinking what they need in a home, as we adapt to remote work, school and fitness.
Mortgage lenders just saw record profit, and expect to do better in the next quarter
CNBC - 10 Sep 2020 20:20
Mortgage rates set another record low last week, according to Freddie Mac. That should keep purchase and refinance mortgage demand high in coming months and add to what has already been record profit among the nation's l...
Realty Income on REITs amid the pandemic
CNBC - 10 Sep 2020 19:33
CNBC's Kelly Evans talks with Sumit Roy, CEO of Realty Income, about how rental properties are faring amid the coronavirus pandemic.
The CDC banned evictions, but some renters are still vulnerable
CNBC - 10 Sep 2020 17:54
The Centers for Disease Control and Prevention has made it illegal for landlords across the U.S. to evict tenants who can't afford to pay their rent. But housing advocates say the measure is incomplete and still leaves r...
How this couple retired at 29 years old
CNBC - 10 Sep 2020 17:17
Joe and Ali Olson retired when they were 29 years old. The former teachers invested most of their income into real estate in the aftermath of the 2008 housing crisis. Once their properties generated enough income to repl...
Music industry executive lists Miami Beach townhouse for $12.9 million | Photos
Chicago Tribune - 10 Sep 2020 12:00
A 3,627-square-foot, two-story townhouse in the Setai Resort & Residences in Miami Beach recently was listed for $12.9 million. The 15th-floor minimalist townhouse also features three balconies and a private plunge pool.
Manhattan rental market plunges, leaving 15,000 empty apartments in August
CNBC - 10 Sep 2020 06:00
Hopes for a rebound in the fall or the end of 2020 look increasingly unlikely. Although rental prices have come down, the discounts are not steep enough yet to lure new renters back to the city.