Property News
American
Property News for 17 July 2023
More Americans are moving to Spain -- and paying high prices for real estate
CNBC - 17 Jul 2023 18:34
The expat American population in Spain jumped 13% from 2019 to 2021 and are the foreign demographic paying the second-highest amount for living space.
Chicago aims to turn Diplomat Motel into 'healthy housing' for homeless people -- with much more than a roof overhead
Chicago Tribune - 17 Jul 2023 16:37
The idea follows COVID-19 housing experiments at downtown hotels, but residents will receive medical and caseworker services too.
The mortgage market isn't sending the signal homebuyers need on affordability
CNBC - 17 Jul 2023 14:33
Mortgage rates should move down sharply from 7% as inflation falls, the Fed nears the end of its hikes, and recession fears wane. So why isn't that happening?
Donald Wilson Jr., founder of trading firm DRW Holdings, lists Wicker Park mansion for $7M
Chicago Tribune - 17 Jul 2023 01:08
The listing comes a little over two years after Wilson bought the home and embarked on a major renovation
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