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Property News for 8 June 2023
New York overtakes Hong Kong as the most expensive city in the world for expats, new survey shows
CNBC - 8 Jun 2023 02:32
Nearly all Asian locations surveyed fell in rankings, indicating that expats will find living in Asia "relatively cheaper," said ECA International.
Real Estate Matters: Elderly homeowner wishes to sell property to a 'landlord' and rent the home, but are there other options?
Chicago Tribune - 8 Jun 2023 22:15
At 90, a homeowner is thinking of selling their condo to a buyer who would be willing to rent it to them until they die or decide to leave.
Average long-term US mortgage rate eases from 7-month high to 6.71% this week
Chicago Tribune - 8 Jun 2023 20:30
The pullback follows three straight weekly increases, which pushed up the average rate to its highest level since early November, when it climbed to 7.08%.
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