Your Future Home hosts Baker Machado and Jill Wagner discuss all the recent headlines in the real estate sector...everything from an uptick in the housing market to the top states predicted to have the biggest housing boom this year.
Long-term mortgage rates climbed this week to their highest level in nearly four years. The jump signals that the prospect of higher inflation is steadily increasing the cost of borrowing to buy a home. However, this isn't stopping builders from being optimistic. According to the National Association of Home Builders housing market index, builder confidence was unchanged in the past month.
Plus, according to a Fitch Ratings forecast, U.S. housing prices are expected to rise 4.6% this year. Among the states that are predicted to be top performers in 2018: Nevada, Texas, Florida, North Carolina, and Colorado.
Cheddar News' Shannon LaNier visits the new exhibit at the Fashion Institute of Technology called "Fresh, Fly, and Fabulous: 50 Years of Hip Hop Style.
One of television's most successful writers made a big donation to the Cedars Sinai Medical Center in Los Angeles to help underserved community members gain the skills to become health care professionals.
Cheddar News' correspondent Shannon LaNier speaks with Jamie and Fillip Hord, co-founders of Horderly, about how to best prepare for spring cleaning. The organization experts talk about maximizing storage and creating the first perfect "flow" in the kitchen.
