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.
The 'Barbenheimer' phenomenon is having a major impact on the U.S. economy, according to research.
A man recorded three whales jumping in unison off the coast of Cape Cod.
The 75th annual Emmy Awards were postponed due to the current Hollywood strike.
Lebron James' son, Bronny James, was released from the hospital after suffering a cardiac arrest earlier this week.
Tyler Perry is offering a $100,000 reward for information about the murder of a Black gay man from Grenada in June.
Randy Meisner, one of the founders of the Eagles classic rock band, passed away at the age of 77.
On a Positive Note: The Blind Side Actor Quinton Aron Uses His Music to Inspire
On a Positive Note: Long Island Mom Gives Birth With Help of Fire Department
Wondering what to watch this weekend? We suggest Beanie Babies, a very unfunny Steve Carell, a shark attack classic, and our first podcast partner pick!
From extra Jonas Brothers to good news from Madonna and Tori Kelly, here's what's happening in entertainment.
