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.
Much like all the upheaval shaking the world, the huge swings rocking Wall Street may feel far from normal. But, for investing at least, this is normal.
Joe Cecela, Dream Exchange CEO, explains how they are aiming to form the first minority-controlled company to operate an exchange in U.S. history. Watch!
A Michigan judge is putting sponges in the hands of shoplifters and ordering them to wash cars in a Walmart parking lot when spring weather arrives. Genesee County Judge Jeffrey Clothier hopes the unusual form of community service discourages people from stealing from Walmart. The judge also wants to reward shoppers with free car washes. Clothier says he began ordering “Walmart wash” sentences this week for shoplifting at the store in Grand Blanc Township. He believes 75 to 100 people eventually will be ordered to wash cars this spring. Clothier says he will be washing cars alongside them when the time comes.
