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Property News for 24 May 2023
Young adults are taking longer to reach 'key life milestones' impacting finances later, analysis shows
CNBC - 24 May 2023 20:21
In terms of finances, young adults are taking longer to reach "key life milestones," compared to four decades ago, according to a Pew Research Center analysis.
Housing Authority of Cook County's Jon Duncan takes on interim director role
Chicago Tribune - 24 May 2023 19:32
Jon Duncan was appointed the temporary executive director of the county Housing Authority on Wednesday.
Mortgage demand drops again as rates cross back over 7%
CNBC - 24 May 2023 13:33
The average rate on the popular 30-year fixed mortgage crossed over 7% on Tuesday, according to Mortgage News Daily. The highest level since early March.
Chicago Bears general manager Ryan Poles buys $2M Lincolnshire home
Chicago Tribune - 24 May 2023 00:44
The modern farmhouse-style home sold for above its asking price, likely due to certain upgrades
Legislation advances to require $1 sale of former mental health property to Tinley Park's park district
Chicago Tribune - 24 May 2023 00:38
The Illinois House could vote on legislation this week, already approved by the Senate, to sell the shuttered Tinley Park Mental Health Center to the park district, and would bar any gambling development.
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