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.
Flashback Feels: A look back at one of the most watched sitcom episodes of all time when 'I Love Lucy' featured the delivery of Lucille Ball's baby on television.
Prosecutors in New Mexico are set to charge actor Alec Baldwin with two counts of involuntary manslaughter after he discharged a gun that left a cinematographer dead on a movie set.
