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.
Many households adopted a pet during the pandemic, according to a survey. However, there were also pets that were raised in isolation in the same period if they weren't adopted. Michael S. Gould, canine trainer and founder of Hounds Town, and Sam Reilly, a dog management specialist and trainer, both joined Cheddar News to explain how they have built up pets' confidence and social skills ahead of being potentially adopted.
Court records show that the Maryland judge who was shot to death outside his home presided over divorce case of the man now identified as person of interest in the killing.
October is Breast Awareness Cancer Month as the disease affects millions of American families. Elissa Kalver, founder of Wegotthis.org, joined Cheddar News to explain how breast cancer inspired her to create her own nonprofit and provided some details of her personal battle while maintaining a family.
