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.

Share:
More In Culture
Black Student Suspended Twice for Hairstyle
After serving an in-school suspension over his hairstyle, a Black high school student in Texas immediately received the same punishment when he arrived at school Monday wearing his hair as before in twisted dreadlocks tied on top of his head, his mother said.
'Victoria's Voice' Fights for Overdose Prevention
Jackie Siegel, best known for her 2012 documentary 'The Queen of Versailles,' joined Cheddar News to reflect on the death of her daughter due to a drug overdose. She also discussed how she's using her platform to advocate for awareness of overdoses and to help with prevention.
Load More