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Property News

Location American Property News for 24 September 2020
Smalley CEO Michael Greenhill racks up real estate deals in Chicago and Highland Park totaling $16 million Greenhill and his wife paid $8.4 million for a condo in Chicago's Park Tower and sold homes in Chicago and Highland Park for $7.5 million combined.
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WeWork has sold a majority stake in its China business to existing shareholder Trustbridge Partners for $200 million.
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Fierce competition for a limited supply of homes for sale has caused a surge in prices. Now, potential buyers are facing a national affordability crisis.
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Exceptional demand for new and existing homes, brought on by the stay-at-home culture of the coronavirus pandemic, has the housing market severely depleted. Homebuilders are having trouble keeping up.
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While you might be able to use up to $10,000 in Roth IRA earnings toward the purchase of a home -- without paying taxes or penalties on the withdrawal -- it's important to know the rules that apply.
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