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.
Rescuers from across Europe rushed to a cave in Turkey on Thursday, launching an operation to save an American researcher who became trapped almost 1,000 meters (3,000 feet) below the cave's entrance after suffering stomach bleeding.
A judge sentenced “That ’70s Show” show star Danny Masterson to 30 years to life in prison Thursday for raping two women, giving them some relief after they spoke in court about the decades of damage he inflicted.
Wondering what to watch this weekend? This week we have the latest Power play, looking for a home overseas, the quintessential mother-daughter duo from the aughts, and a YouTube comedy series that never gets old.
A windsurfer who went missing off Florida's Space Coast the day that Hurricane Idalia made landfall last week has been declared the state's second death from the Category 3 storm, officials said Wednesday.
A Florida man who was attempting to cross the Atlantic Ocean in a man-made hamster wheel is facing federal charges after it took the U.S. Coast Guard five days to bring him ashore, according to a criminal complaint filed in Miami.
Pets grow into beloved members of families and many do what they can to keep them happy and healthy. Marc Peralta, chief program officer of Best Friends Animal Society, joined Cheddar News to discuss finances and expenses when taking care of your furry family members.
