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 top entertainment headlines for May 12, 2023.
One especially enthusiastic dog, named Fuzzybear, is gung-ho about getting his North Carolina owner's mail, darting across the lawn when the mail truck arrives and carrying back a mouthful of envelopes.
Cheddar's own Shannon LaNier visited The Paris Café at the South Street Seaport in downtown Manhattan to get a taste of the perfect Mother's Day brunch and sample the historic brasserie's DIY flower bar.
Cheddar's own Shannon LaNier visited The Paris Café at the South Street Seaport in downtown Manhattan to get a taste of the perfect Mother's Day brunch and sample the historic brasserie's DIY flower bar.
The cast of Netflix's Queen Charlotte: A Bridgerton Story joined Cheddar News' 'Trending' to talk about their roles in the Bridgerton prequel series.
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A dog in North Carolina enthusiastically waits every day for the mailman to arrive to fetch mail for his owner.
Cheddar recommends "Dear Mama," "Dead Ringers," "Jury Duty," "Elton John Live: Farewell from Dodger Stadium," and "Guardians of the Galaxy" collection.
The top entertainment headlines for May 11, 2023.
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