Your Future Home hosts Baker Machado and Jill Wagner discuss today's top real estate stories. From Amazon's potential second headquarters to the rise of mortgage applications, we have you covered! Selected cities have major concerns over Amazon movin' in. Civic organizers are concerned that all the new residents employed by Amazon would put a strain on locals already struggling with high housing prices and crawling commutes. Plus, according to a new report from the Mortgage Bankers Association, mortgage applications rose 4.5% last week as buyers are rushing in to beat higher rates. The report said volume was up more than 6% versus a year ago.

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Nestlé dismisses CEO after he has relationship with a subordinate
Nestlé has dismissed its CEO Laurent Freixe after an investigation into an undisclosed relationship with a direct subordinate. The company announced on Monday that the dismissal was effective immediately. An investigation found that Freixe violated Nestlé’s code of conduct. He had been CEO for a year. Philipp Navratil, a longtime Nestlé executive, will replace him. Chairman Paul Bulcke stated that the decision was necessary to uphold the company’s values and governance. Navratil began his career with Nestlé in 2001 and has held various roles, including CEO of Nestlé's Nespresso division since 2024.
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