Your Future Home hosts Baker Machado and Jill Wagner discuss today's top real estate stories. From Amazon's potential second headquarters to the rise of mortgage applications, we have you covered!
Selected cities have major concerns over Amazon movin' in. Civic organizers are concerned that all the new residents employed by Amazon would put a strain on locals already struggling with high housing prices and crawling commutes.
Plus, according to a new report from the Mortgage Bankers Association, mortgage applications rose 4.5% last week as buyers are rushing in to beat higher rates. The report said volume was up more than 6% versus a year ago.
Wealthfront’s CFO Alan Iberman talks the $2.05B IPO and the major moment for robo banking as the company bets on AI, automation, and “self-driving money."
A rare magnum of Dom Pérignon Vintage 1961 champagne that was specially produced for the 1981 wedding of Prince Charles and Lady Diana has failed to sell during an auction. Danish auction house Bruun Rasmussen handled the bidding Thursday. The auction's house website lists the bottle as not sold. It was expected to fetch up to around $93,000. It is one of 12 bottles made to celebrate the royal wedding. Little was revealed about the seller. The auction house says the bids did not receive the desired minimum price.
