Your Future Home hosts Baker Machado and Brad Smith discuss some of the biggest news in the real estate market...including the top market for luxury real estate!
U.S. mortgage rates have hit their highest level since 2014 after the ninth consecutive week of increases. The rate for a 30-year fixed rate mortgage rose to 4.46%. At the start of the year, the average rate was 3.95%. Rising rates have already made some current homeowners less likely to move, which is leading to a lack of affordable housing in the market.
Plus, when it comes to luxury real estate, a million dollars doesn't buy what it used to. The London based brokerage firm Knight Bridge measured the top markets around the globe by how much property you could buy for one million dollars. According to the so-called "wealth report" Monaco took top honors for high-end real estate. One million dollars there will get you about 172 square feet...the size of a respectable walk-in closet.
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AMC said its current quarter is off to a strong start thanks to the blockbuster hits, 'Barbie' and 'Oppenheimer.'
Tuesday's Mega Millions drawing ranks as the third-largest jackpot in U.S. history.
A thief in San Diego broke into someone's garage to take a bike and stopped to pet the household's dog.
TikTok is holding a global music competition called "Give Me The Mic."
Summer is nearing an end with back-to-school season around the corner. Smart shopping expert Trae Bodge spoke with Cheddar News about what to know before making a shopping list to cover for supplies.
From Beyoncé making sure her fans got home safely to a hot new amusement park, here's what's happening in entertainment.
One Good Thing: Baby Who Survived Syria Earthquake is Six Months Old
Tou Thao, the last former Minneapolis police officer convicted in state court for his role in the killing of George Floyd, was sentenced Monday to 4 years and 9 months — even as he denied wrongdoing.
Cheddar News checked in from Staten Island to learn more about the Lenape people and how they lived before the Dutch settled in. Luke G. Boyd, director of education and public programs of Historic Richmond Town, discussed their story and showed their typical dwellings.
