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Property News for 8 September 2023
Apartment rents are on the verge of declining due to massive new supply
CNBC - 8 Sep 2023 18:46
A year ago, rents were posting 11% annual growth. Now they look like they're about to go negative year over year.
Most first-time homebuyers don't put down 20%, expert says. Here's how much you may need
CNBC - 8 Sep 2023 17:41
First-time homebuyers often need to come up with just 6% or 7% as a downpayment. Meanwhile, states and cities offer funds to help you come with the cash.
An overnight locksmith can cost $400. Here's how much you might have to fork over for other emergencies
CNBC - 8 Sep 2023 16:52
More than half of employees are unable to cover a $500 emergency expense. Here are emergencies investors may be exposed to and safety measures to consider.
China's property market is going in 'two-directions,' says ex-central bank advisor
CNBC - 8 Sep 2023 09:04
Li Daokui says that "in the coming two months a lot of policies will go out, including policies to stabilize the finances of the largest property developers."
Aurora City Council set to vote on spending $950,000 for land for new fire station
Chicago Tribune - 8 Sep 2023 01:56
The Aurora City Council is set to vote on buying about a three-acre site on Eola Road for a new far East Side fire station.
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