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.
Hollywood's writers strike was declared over after nearly five months Tuesday night when board members from their union approved a contract agreement with studios, bringing the industry at least partly back from a historic halt in production.
Social media users take note: You won't be able to snap that fall foliage selfie at a popular Vermont spot. The town has temporarily closed the road to nonresidents due to overcrowding and “poorly behaved tourists.”
Actor David McCallum, who became a teen heartthrob in the hit series “The Man From U.N.C.L.E.” in the 1960s and was the eccentric medical examiner in the popular “NCIS” 40 years later, has died.
