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.
An intense police search of the Long Island home of Rex Heuermann is now complete, authorities said Tuesday as they ended a 12-day hunt for evidence that involved ripping up the yard and the discovery of a basement vault containing hundreds of weapons kept by the man accused of killing at least three women more than a decade ago.
A towering construction crane caught fire high above the west side of Manhattan on Wednesday morning, then lost its long arm, which smashed against a nearby building, dangled and then plummeted to the street as people ran for their lives on the sidewalk below.
