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Property News for 14 November 2023
Cooler monthly inflation report pushes mortgage rates even lower
CNBC - 14 Nov 2023 19:46
Mortgage rates have started to dip after climbing to their highest in more than two decades.
Bankruptcy at Friendship Village retirement community in Schaumburg has financial impact on residents and families too
Chicago Tribune - 14 Nov 2023 13:00
In June, Friendship Village filed for Chapter 11 bankruptcy, in which officials say operations will continue as usual, but with some debts unpaid.
Naperville mansion sells at auction for $8.07M, setting a DuPage County residential sales record
Chicago Tribune - 14 Nov 2023 02:51
The mansion was taken off the market last year and relisted in February at $12.75 million. It then underwent a price cut to $8.2 million in August.
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