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.
A painter finds inspiration after a serious medical diagnosis, a teacher returns to school after a year battling leukemia and a family raises funds for cancer research after suffering a loss themselves.
Actors Anthony Anderson and Cedric the Entertainer, known for their roles on Black-ish and The Neighborhood respectively, are teaming up to launch a "BBQ lifestyle brand" called AC Barbeque and starring in a new show called Kings of Barbeque.
