What $1 Million can get you in Real Estate Around the World
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 Emmy-winning actor died at age 61 after a brief illness. Braugher was best known for starring as Det. Frank Pembleton in the critically acclaimed 1990s series "Homicide: Life on the Street" and as the deceptively stone-faced Capt. Ray Holt on the comedy "Brooklyn Nine-Nine" in 2013-2021.
A study out of South Korea looked at over 23,000 people and found those who spend more than an hour commuting to work are 16% more likely to experience depression.
The fatal stabbing of a Catholic priest inside the church rectory where he lived has rocked the eastern Nebraska community of Fort Calhoun, a one-stoplight town where people tend not to worry if they forget to lock their doors at night.
Tuesday night is the sixth night of Hanukkah and to celebrate the occasion. Chef and TV personality Melanie Shurka joined Cheddar News to prepare latkes, a Hanukkah staple, along with other favorites.
