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Property News for 19 October 2023
Real Estate Matters: Homeowner seeks reasonable way to protect home ownership after paying off mortgage
Chicago Tribune - 19 Oct 2023 22:26
"I have paid off the mortgage on my home. But, I am concerned. I have heard that someone can take a loan out against your home without you knowing and you could lose your home."
Billionaires are driving South Florida home prices to new records
CNBC - 19 Oct 2023 19:04
South Florida's mansion boom is being driven by the continued flight of millionaires and billionaires from high-tax states like New York and California.
September home sales drop to the lowest level since the foreclosure crisis
CNBC - 19 Oct 2023 17:37
There were 1.13 million homes for sale at the end of September, down more than 8% from a year ago.
Net worth surged 37% in pandemic era for the typical family, Fed finds -- the most on record
CNBC - 19 Oct 2023 13:30
Higher home and stock prices and unprecedented federal stimulus fueled wealth growth from 2019 to 2022, the Federal Reserve Survey of Consumer Finances found.
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