Property News
Fed's Kaplan cites real estate excesses as one reason to start tapering purchases
CNBC - 27 May 2021 23:00
Dallas Federal Reserve President Robert Kaplan cited potential excesses in the housing market as an indication that the central bank should start tapering.
To get in on the hot housing market, you may have to raise your credit score. Here's how
CNBC - 27 May 2021 20:35
Your credit score determines your mortgage rate, and whether you can even get one at all.
Real estate bidding wars: Homebuyers increasingly willing to pay above asking price
Chicago Tribune - 27 May 2021 20:13
"This might be the most competitive housing market we've ever seen in the United States, at least in modern times," said Jeff Tucker, a senior economist at Zillow. About 28% of homes sold above their list price in Januar...
Biden's bid to tax inherited assets could be a documentation nightmare for wealthy heirs
CNBC - 27 May 2021 19:12
Wealthy families may have to dig through decades of documents to figure out the taxes on an inheritance if this Biden proposal becomes a reality.
Bank of America and Chase could restart mortgage foreclosures as early as July, but Wells Fargo is waiting until 2022
CNBC - 27 May 2021 17:06
In a hearing Wednesday, Senators asked the CEOs of Bank of America, Chase and Wells Fargo about when they plan to restart mortgage foreclosures.
Fannie Mae's refinance program for lower-income homeowners starts next week. Here's what to know
CNBC - 27 May 2021 16:43
The new initiative is intended to help an estimated 2 million homeowners refinance their mortgage at a lower interest rate.
Chicago Bear Khalil Mack lists six-bedroom Glencoe mansion for $4.4M
Chicago Tribune - 27 May 2021 14:06
Chicago Bears outside linebacker Khalil Mack is seeking $4.4 million for his six-bedroom, 6,100-square-foot mansion in Glencoe.
Suffering from sticker shock? Here are 3 things you shouldn't buy now while prices are high
CNBC - 27 May 2021 14:00
New cars, airfares and building supplies are suddenly more expensive. If you are planning one of these purchases, it may pay to wait until prices come down.
Snowflake goes remote and relocates executive office from California to Bozeman, Montana
CNBC - 27 May 2021 02:22
Snowflake said in its earnings report on Wednesday that it no longer has a corporate headquarters, but its top execs live in Big Sky country.