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Local realtors weigh in on how the Fed's interest rate cut could impact the housing market

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www.youtube.com – WVTM 13 News – 2024-09-20 08:11:56

SUMMARY: Tonight’s focus is on the Federal Reserve’s first interest rate cut in four years and its expected impact on the housing market. In the week leading up to the cut, mortgage applications surged by 14.2%. Local realtor Patrick Warren notes that this rise is beneficial for sellers and may boost buyers’ confidence in making purchases. However, he emphasizes that individual circumstances will dictate the decision to buy. Additionally, Alabama is set to implement a property tax cap starting next month, as reported by the Alabama Association of Realtors, which will limit yearly property taxes.

Local realtors weigh in on how the Fed’s interest rate cut could impact the housing market

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News from the South - Alabama News Feed

Lofton takes stand in murder trial, testifies he wanted to shoot restaurant manager, not kill him

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www.youtube.com – WKRG – 2024-11-14 15:40:03

SUMMARY: Travis Lofton, the sole witness for his defense, testified about the murder of Jason Mallette in Daphne, claiming he was driven by the belief that Mallette sexually assaulted his wife, Ariel Allen. Lofton learned this was untrue, based on text messages and medical records revealing the claims were fabricated. On June 29, 2023, Lofton arrived at a restaurant two hours before Mallette and confronted him, resulting in Lofton shooting Mallette in the shoulder. Lofton expressed deep remorse, stating discovering the truth about the alleged assault “hurt him to the soul,” and apologized to Mallette’s family present in court.

A jury is expected to begin deliberations Friday in the murder trial of Travis Lofton after tearful testimony and an apology to the family of Jason Mallette gunned down outside a Daphne restaurant last year.

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How To Safely Heat Your Home

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www.youtube.com – WHNT News 19 – 2024-11-14 11:52:41

SUMMARY: As winter approaches, temperatures will drop, prompting many to increase thermostat settings. Meteorologist Aaron Ayers shares essential safety tips for heating homes. Jordan, Deputy Chief of Morrisville Fire and Rescue, emphasizes that heating equipment failures are a leading cause of house fires, with an annual average of 44,000 to 45,000 fires from 2016 to 2020. Proper maintenance and adherence to manufacturer guidelines can help prevent these incidents. He advises against using gas or portable heaters improperly and stresses the importance of inspecting HVAC units and chimneys. Testing smoke detectors and carbon monoxide alarms is also crucial for home safety.

With the colder winter months on the way, you will likely be turning on the heat soon. There are few things you should know to help keep yourself safe while heating your home.

News 19 is North Alabama’s News Leader! We are the CBS affiliate in North Alabama and the Tennessee Valley since November 28, 1963.

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Tuberville Agrees With Trump Administration | November 13, 2024 | News 19 at 6 p.m.

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www.youtube.com – WHNT News 19 – 2024-11-13 19:50:30

SUMMARY: In recent developments, Trump appointed Matt Gaetz as Attorney General, while Senator Tuberville expressed support for Trump’s plan to dismantle the U.S. Department of Education. Tuberville argues that education should be managed at the state level, criticizing the federal government’s involvement for worsening the state of education. He highlighted the importance of well-educated students for the country’s future and noted that dismantling the Department would require a Senate supermajority. In leadership news, Republicans elected John Thune as the new Senate Majority Leader, with Tuberville voting for Rick Scott and advocating for unity in support of Trump’s agenda.

President-elect Donald Trump has vowed to close the U.S. Department of Education, and Sen. Tommy Tuberville said he strongly supports the president’s plan.

News 19 is North Alabama’s News Leader! We are the CBS affiliate in North Alabama and the Tennessee Valley since November 28, 1963.

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