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.
Detavio Samuels, CEO of Revolt, joins Cheddar News to discuss the importance of Black media, and give insight from cultural leaders about climbing to the top of their industries.
Stories of survivors emerge from Turkey and Syria earthquake, new allegations against officers who killed Tyre Nichols, and Texas sues over abortion bill guidance. Here is everything you Need2Know for Thursday, February 9, 2023.
Children are taken to a warming bus as parents wait for news after a bus crashed into a day care center in Laval, Quebec, on Wednesday, Feb. 8, 2023. (Ryan Remiorz/The Canadian Press via AP)
High school wrestler, Joe Salmon was ice fishing when he saw 83-year-old Thomas Lee and his dog Cooper's vehicle crash into the ice. The 17-year-old sprung into action to save the pair, pulling them out of the vehicle before help came.
Cheddar News' Shannon LaNier spoke with owner Kiahna Malloy of Kreme & Krumbs, a Black-owned ice cream shop in Montclair, New Jersey, about why she got into the business.
