Your Future Home hosts Baker Machado and Hope King discuss the latest trends in the real estate market. From robots to department store real estate, they cover the stories you need to know.
The housing recovery appears to be slowing as mortgage rates are rising and housing inventory remains low. According to the National Association of Realtors pending home sales dropped 4.7% in January to the lowest point in nearly four years.
Plus, robots are taking over! A new crop of companies are introducing A.I. technology they say will upend how properties are bought and sold. However, while traditional brokerages see value in technology, they don't see robots or artificial intelligence replacing human agents or reducing their earning power.
Loy Gordon, owner of Neir's Tavern, joined Cheddar News to discuss how he saved the establishment three times and why he did so. Gordon also showed Cheddar News some specialty drinks that patrons can enjoy.
To celebrate Black-Owned Business Month, Cheddar News visited Neir's Tavern in Queens, one of the city's oldest taverns where the Martin Scorsese film "Goodfellas" was filmed. Loy Gordon, the bar's owner, discussed the history behind the establishment.