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.
After serving an in-school suspension over his hairstyle, a Black high school student in Texas immediately received the same punishment when he arrived at school Monday wearing his hair as before in twisted dreadlocks tied on top of his head, his mother said.
Jackie Siegel, best known for her 2012 documentary 'The Queen of Versailles,' joined Cheddar News to reflect on the death of her daughter due to a drug overdose. She also discussed how she's using her platform to advocate for awareness of overdoses and to help with prevention.
A Los Angeles County Sheriff's Department deputy died after he was shot in his patrol car Saturday evening by an unknown assailant, and an investigation is underway that the sheriff said will press all of the department’s resources into action.
Jann Wenner, who co-founded Rolling Stone magazine and also was a co-founder of the Rock & Roll Hall of Fame, has been removed from the hall's board of directors after making comments that were seen as disparaging toward Black and female musicians. He apologized within hours.
Three British news organizations reported Saturday that comedian and social influencer Russell Brand has been accused of rape, sexual assault and abuse based on allegations from four women who knew him over a seven-year period at the height of his fame.
