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.
A happy ending for a deer trapped in barbed wire for two days as the rescue played out on video caught on body cam footage from deputies at the Columbia County Sheriff's office in Wisconsin.
Walmart says it is working closely with investigators to try to determine why a shooter opened fire at one of its stores in Ohio and wounded four people before killing himself.
Starting on April 28 in Houston and concluding in Santa Clara, California, on July 17, the Rolling Stones will make their way across the U.S. and Canada.
Despite inflation and memories of past holiday travel meltdowns, millions of people are expected to hit airports and highways in record numbers over the Thanksgiving break.
