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.
During an interview with an elephant keeper in South Africa, the keeper was talking about the baby elephant he looks after whose name is Chavo, who immediately runs over to the keeper once he hears his name and starts playing with him.
Trained service dogs can help military veterans deal with mental health struggles. Cole Lyle, a veteran and founder of Kaya's K9s, joined Cheddar News to explain why service dogs are important for veterans and how he is helping to give veterans the resources for service dogs.
A jury awarded more than $1.2 million to Robert De Niro’s former personal assistant Thursday, finding one of his companies responsible for subjecting her to a toxic work environment.
