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.
Cheddar News correspondent Shannon LaNier visits the 11th Black Comic Book Festival in Harlem.
Cheddar News correspondent Shannon LaNier visits the 11th Black Comic Book Festival in Harlem.
A bride took a moment to give her father a tender surprise during the father-daughter dance at her wedding.
A study released said poverty is the fourth-largest cause of death in the U.S.
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The final curtain came down Sunday on New York’s production of “The Phantom of the Opera,” ending Broadway’s longest-running show with thunderous standing ovations, champagne toasts and gold and silver confetti.
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The top entertainment headlines for April 14, 2023.
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