Your Future Home hosts Baker Machado and Hope King discuss the latest headlines in the housing industry. From rising home costs to the millennial homeowner boom, we have you covered.
The homeownership rate in the U.S. rose in 2017 for the first time since 2004. According to the U.S. Census Bureau, homeownership rose to more than 64% in the fourth quarter of last year. The market was largely driven by millennials who overcame rising prices and shrinking demand to buy their first homes.
Plus, U.S. home prices rose sharply in November driven by a shortage of available housing on the market. The national housing index has posted gains of 5% or more for the last 16 months. It is running at 6.1% above its peak in 2006, which was right before home prices went into a 27.4% freefall. That collapse tipped the U.S. economy into the worst recession since the 1930s.
Meta is poised to launch a new app that appears to mimic Twitter, marking a direct challenge to the social media platform owned by billionaire Elon Musk.
Lawyers for Civil Rights, a nonprofit based in Boston, is filing the civil rights complaint on behalf of Black and Latino community groups in New England, alleging that Harvard’s admissions system violates the Civil Rights Act.
Andy Cohen, host of Bravo's Watch What Happens Live, joined Cheddar News to discuss being a father, his new book, "Daddy Diaries," and his new partnership with Fresca.
If you're still looking to book flights domestically or abroad, it's still not too late to do so. Katy Nastro from Going.com spoke with Cheddar News to provide tips on how to find the best deals without hesitating over high prices.
