Millennials have poured over $500 billion into the housing market over the past year...but what caused this boom? Ed Groshans, Senior Financial Services Analyst at Height Securities joins Your Future Home to discuss where the trend is going and what benefits it's creating along the way.
Groshans says the new tax plan and decreasing unemployment numbers are putting more money into the pockets of young adults. Plus, because millennials are getting married and having kids later in life they are more financially savvy and have saved for a mortgage, home repairs, etc.
He also talks about getting into the housing market while the interest rates are down. He predicts we'll see an upswing in rates over the next few years so it would be smart to get in now.
Gavin Jackson, CEO of UK-based autonomous vehicle company Oxbotica, joined Cheddar News to talk about the firm's software for businesses and its future plans.
Connecticut’s first adult-use cannabis dispensaries opened to the public on Tuesday, making the Constitution State the latest along the east coast to open access to cannabis to adults 21 and older.
