Property News
American
Property News for 10 December 2020
Tenants' advocates, real estate industry gear up for clash over proposed Cook County residential tenant, landlord ordinance
Chicago Tribune - 10 Dec 2020 13:00
A simmering debate between tenants' advocates and the real estate industry in Cook County is set to boil this month when a Board of Commissioners panel is expected to vote on a proposal to toughen suburban renters' right...
Trend shows home price growth at record high, rising at fastest pace since early 2000s
CNBC - 10 Dec 2020 03:00
The Economic Cycle Research Institute's Lakshman Achuthan highlights a chart showing inflation-adjusted home prices have surpassed the housing bubble's peak.
Homeowners are $1 trillion richer thanks to the pandemic-driven housing boom
CNBC - 10 Dec 2020 16:13
Soaring home prices are padding the pockets of millions of homeowners across the nation. As prices rise, home equity multiplies.
Former Bears player Johnny Knox lists Wadsworth ranch home for $575,000
Chicago Tribune - 10 Dec 2020 13:00
Johnny Knox, who played for the Chicago Bears from 2009 to 2011, listed his suburban home after his wife joined the U.S. Air Force.
Renters return to Manhattan, driving 30% gain in new leases in November
CNBC - 10 Dec 2020 07:01
The jump suggests that the outflow of residents from Manhattan, which began in March, may be turning, as lower prices attract new renters.
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