Homeowners are acquiring record amounts of home equity, thanks to fast-rising values in the housing market. People are starting to tap into that cash, mainly to make their homes even more valuable.
Spending on home renovations topped $152 billion in 2017, and is expected to increase almost 5% this year. According to the National Association of Home Builders, projects included regular updates and repairs, as well as large remodeling requests.
Homeowners are using that cash for education expenses and paying down other debt. Additionally, owners are borrowing against their homes and putting cash into other investments such as as stocks and additional real estate.
Matt Hougan from Bitwise Asset Management joins Cheddar to discuss how and why Bitcoin is continuing to rise and what the future holds for the cryptocurrency.
Should real estate agents fear AI? Tushar Garg CEO at Flyhomes says no. He joined Cheddar to discuss the future of AI in the Real Estate business and more.
Christopher Zara, Senior Editor at Fast Company joined Cheddar to discuss the newly formed "DOGE"’s new goal to cut 2-trillion dollars from federal spending.
Sharon Price John CEO and President at Build-A-Bear Workshop discusses leading the brand, new offerings, the status of Brick-and-Mortar experiences and more!
A message left at the scene of an insurance executive’s fatal shooting echoes a phrase commonly used to describe insurer tactics to avoid paying claims.