Connect with us

CBS News

This midwestern city has the hottest real estate market in U.S.

Avatar

Published

on


Oshkosh, Wisconsin, the home of popular children’s brand OshKosh B’Gosh, now has a new claim to fame. The midwestern city boasts the hottest real estate market in the U.S., according to a new study from Realtor.com.

Oshkosh’s relatively affordable home prices, plus idyllic surroundings, including lakefront vistas, have catapulted the city to the top spot on the list of most desirable housing markets in the U.S. The combination of those two factors made it especially attractive to homebuyers as mortgage rates started to climb in 2022 and amid soaring home prices which have remained elevated across much of the country. The U.S. home price index up 47% compared with 2020. 

“Situated on Lake Winnebago, Oshkosh offers buyers affordability in an idyllic setting,” Hannah Jones, senior economic research analyst for Realtor.com, said in a statement.

The median home price in Oshkosh is $374,000, coming in below the national median of $439,950 for July, according to Realtor.com, and appealing to budget-conscious homebuyers. The rankings factored in market demand, measured by property views on Realtor.com, plus market pace based on the number of active days properties remained listed on the site.

Across the U.S., growing land and home construction costs have been rising faster than Americans’ incomes since the 1960s, according to the Harvard Joint Center for Housing Studies. Homeownership is becoming such a financial burden that an April survey from Redfin found that some homeowners have even had to skip meals, take a second job or sell their belongings to keep up with their mortgage.

Multiple offers, bidding wars

House hunters are demonstrating great interest in the area, too. Listings for homes in Oshkosh on Realtor.com received nearly four times more views per property in July compared with the national average. And available homes don’t last long — they sit on the market for an average of just 18 days, compared with the national average of 50 days. 

Local real estate agents say they’ve seen homebuying activity heat up in the area. 

“We are still getting multiple offers in Oshkosh and even seeing some bidding wars,” Berkshire Hathaway HomeServices agent Kate Schlagel-Grier said in a statement.

Chris Siamhof, also with Berkshire Hathaway HomeServices, said clients have been willing to waive home inspections and have offered to pay the owner’s property taxes for one year in an effort to close deals. 

“And we are still seeing some houses going for up to $30,000 over asking,” she said in a statement. 

Some Americans are fleeing bigger cities like Milwaukee in search of deals on homes in places like Oshkosh, where the cost of living is much lower, according to Realtor.com. As a result, demand is rising, and inventory is shrinking, which could eventually put pressure on home prices in the area. 

Ten Midwest metro areas claimed spots on July’s 20 Hottest Markets list; 10 cities in the Northeast also made the cut. 

Hartford, Connecticut, where the median home price is $444,000, came in second, after Oshkosh. It’s appealing in part because of its close proximity to New York City. Manchester, New Hampshire, took the third spot. 

Here are the top 20 hottest housing markets in the U.S., according to Realtor.com. 

  1. Oshkosh, WI
  2. Hartford, CT
  3. Manchester, NH
  4. Rockford, IL
  5. Akron, OH
  6. Monroe, MI
  7. New Haven, CT
  8. Rochester, NY
  9. Janesville, WI
  10. Providence, RI
  11. Canton, OH
  12. Springfield, IL
  13. Springfield, MA
  14. Syracuse, NY
  15. Lancaster, PA
  16. Peoria, IL
  17. Concord, NH
  18. Green Bay, WIS
  19. Worcester, MA
  20. Cleveland, OH



Read the original article

Leave your vote

Continue Reading

CBS News

Saturday Sessions: Marcus King performs “Save Me”

Avatar

Published

on


Saturday Sessions: Marcus King performs “Save Me” – CBS News


Watch CBS News



Grammy-nominated singer-songwriter Marcus King started playing guitar at eight. As a teen, he formed his own band and started performing. Now, he’s releasing his third critically acclaimed solo album. The personal project focuses on mental health and was produced by the legendary Rick Rubin. From “Mood Swings,” here is Marcus King with “Save Me.”

Be the first to know

Get browser notifications for breaking news, live events, and exclusive reporting.




Read the original article

Leave your vote

Continue Reading

CBS News

New documentary explores the private life of “Superman” icon Christopher Reeve

Avatar

Published

on


Long before comic book characters dominated movie screens, actor Christopher Reeve made the world believes in superheroes with the 1978 classic “Superman.” 

Reeve died in 2004, nearly a decade after an accident re-shaped his life. “Super/Man: The Christopher Reeve Story” is using interviews with family and friends and never-before-seen home videos to explore his real-life heroism. 

Reeve started his career on the stage, studying at the prestigious Juilliard School and living with comedian Robin Williams. The pair had a friendship that was “more like a brotherhood,” said Reeve’s son Matthew. Reeve was in awe of Williams’ energy and versatility, Matthew Reeve said, but audiences quickly clued into Reeve’s own star power when he took on the role of the Man of Steel

Christopher Reeve in 'Superman'
Christopher Reeve as Superman in a scene from “Superman.” 

Warner Bros. Pictures / Getty Images


To his children, though, he “was just dad,” Matthew Reeve said. The documentary explores how Matthew Reeve and his sister Alexandra Reeve Givens grew up watching their dad take the stage as Superman. “Super/Man” also reveals their heartbreak over their parents’ breakup and the joy they found when Reeve re-married. He tied the knot with Dana Reeve in 1992, and the pair welcomed another child, William Reeve, later that year.  

“Dana was sunshine,” Alexandra Reeve Givens recalled. “She just brought joy with her wherever she was and could find it even in the darkest moments.” 

Those dark moments came suddenly, when in 1995, a near-fatal horseback riding accident left Reeve paralyzed from the neck down. The documentary allows viewers to see, for the first time, what went on out of the public’s view. Reeve can be heard talking about how he “ruined (his) life and everybody else’s,” but in a touching moment, old friend Robin Williams is seen visiting him in the hospital.

“Robin showed him ‘Hey, you’re still you,'” Alexandra Reeve Givens said. “‘You still have this foundation of friendship and people around you, who adore you. And you’re going to find those fun moments in life again.'” 

That support from friends and family re-ignited Reeve’s legacy of activism. He made appearances at the Democratic National Convention and the 68th Academy Awards in 1996, about a year after the accident. Matthew Reeve said watching his father address his industry peers at the Oscars was “one of (his) most proud moments.”

“It was just a production for him to get out of bed every morning, let alone get across the country and go out in public for the first time,” Matthew Reeve said. “It was a big deal. It was a big deal to him, but it was also a big deal to the entire disability community. We stayed up in London till like three in the morning to watch that live. It’s a fond memory.”  

Actor Christopher Reeve (L), wife Dana (R) and com
Christopher Reeve (L), wife Dana (R) and comedian-actor Robin Williams (C) pose while at the Governor’s Ball after the 68th Annual Academy Awards 25 March in Los Angeles.

Vince Bucci/AFP via Getty Images


Reeve also went on to launch what would become the Christopher and Dana Reeve Foundation, which is dedicated to advancing research into spiral cord injury and help individuals and families impacted by paralysis. It was his dad’s mission to find a cure, Matthew Reeve said, while his stepmother wanted to focus on improving the lives of paralyzed people and their families. The foundation and Reeve’s platform helped bring unprecedented attention and funding to spinal cord injury research. 

Reeve even kept acting and realized his lifelong dream of directing with the 1997 HBO movie “In the Gloaming.” Reeve died in 2004 from heart failure at 52.

“There is a huge amount of great actors and actresses out there, where their filmography might be amazing and what they achieve on a cultural level might be amazing, but have they actually achieved anything really as a human that moves the needle for our society?” said filmmaker Ian Bonhote, who made the documentary with Peter Ettedgui. “And Chris has done both things.” 

“Super/Man: The Christopher Reeve Story” will open in theaters on Friday, Oct. 11. 



Read the original article

Leave your vote

Continue Reading

CBS News

How England’s most traditional meal is changing

Avatar

Published

on


How England’s most traditional meal is changing – CBS News


Watch CBS News



The British have enjoyed a Sunday roast for generations, but the tradition is changing. Chef Tom Kerridge, owner of the world’s only two Michelin-starred pub, explained the dish’s evolution – as well as what makes it so beloved.

Be the first to know

Get browser notifications for breaking news, live events, and exclusive reporting.




Read the original article

Leave your vote

Continue Reading

Copyright © 2024 Breaking MN

Log In

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.