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COY WIRE: Hello, my friends.
Happy Friday Eve.
It's Thursday, but not just any Thursday.
It's Random Thought Thursday.
How much dirt is in a hole that measures 2
inches by 3 inches by 4 inches?
You think about it, and I'll tell
you at the end of the show. All right.
Let's get you your news now, shall we?
I'm Coy Wire.
This is CNN 10.
And we start today with these tales of two housing markets
here in the United States.
So what's all the hullabaloo?
We're in the spring season now, and that usually means
a frenetic time for homebuying.
Now, during the pandemic, Silicon Valley, the West Coast
cities, and places like Austin saw a boom
in the housing market, but now we're seeing that bubble burst.
With continuous tech layoffs, bank failures,
and low housing supply, we're seeing the home
buying cooling rapidly.
So sellers in many of those areas,
well, they don't have the upper hand anymore.
But on the other side of the country, on the East Coast,
we're seeing a totally different story.
Home prices are actually continuing to rise there,
especially in major southeastern cities.
A big impact to all of this housing volatility
is the higher average rates on a 30-year fixed mortgage where
it's making it a lot more expensive to finance a home
today compared to a year ago.
The continued high inflation rate has been
a contributing factor as well.
Our chief business correspondent,
Christine Romans, explains these divergent trends we're seeing
in the US housing market.
CHRISTINE ROMANS: The biggest investment most
people ever make is their home.
And after nine interest rate hikes from the Fed,
it's a tale of two housing markets today in America, where
the bubble appears to have popped in the West Coast tech
hubs and the pandemic boomtowns but holding
up rather well out East.
All real estate is local, of course,
but the trends are revealing.
Redfin measures pending home sales, price drops, and supply
and found Austin, Texas is the fastest-cooling metro
area in the country.
It was once the pandemic relocation magnet, of course.
Seattle is next, then Phoenix, Tacoma,
Denver, Vegas, and four California cities
round out the top 10.
But head East and Upper Midwest and Northeast towns
are cooling much more slowly.
And home prices out East are still rising.
Case-Shiller shows home prices in these cities
up year over year.
They're not skyrocketing like the last 10 years,
but they're holding in there.
Travel to the Southeast, and it is a boom time in real estate.
Miami home prices in January up nearly 14% from a year ago,
Tampa up 10.5%, Atlanta 8.4%, and Charlotte up 8.1%.
You can clearly see sellers have the upper hand in the Sun Belt,
a sharp contrast to the home prices in the tech
hubs out West where prices are falling sharply,
led by San Francisco, where prices fell almost 8%
in January compared with last year.
This is, of course, after years of runaway price
gains in those tech hubs.
Call it a real estate reckoning out West--
tech company pink slips, bank jitters,
low inventory, and mortgage rates that have almost doubled.
Higher rates make the same home a year ago a lot more expensive
to finance today.
A $400,000 mortgage taken out at today's mortgage rates
would cost almost $400 more a month in the extra interest.
COY WIRE: Next up, the list of the world's busiest airports
came out.
And once, again the busiest airport in the world
is right here in Atlanta.
According to the Airports Council International,
the US actually had half of the 10 busiest airports
in the world last year.
Atlanta's Hartsfield-Jackson International took the title
for a second consecutive year as the world's busiest airport
in terms of passenger volume.
Coming in second was Dallas-Fort Worth,
then it was followed by Denver, then Chicago O'Hare.
Los Angeles came in sixth on the list.
The other five airports in the top 10 were cities abroad--
Dubai, Istanbul, Heathrow Airport in London,
New Delhi, and Paris.
The Airports Council International also
expects strong travel recovery this year for global passenger
traffic and a full recovery by next year
that we haven't seen since 2019.
10-second trivia.
In Greek mythology, who was Apollo's twin sister
and the goddess of the moon?
Artemis, Luna, Athena, or Diana?
Artemis is your answer here.
And she also served as the goddess
of the hunt and wild animals.
Artemis is also connected to space exploration,
and that's where our next story takes us.
It has been 50 years since astronauts returned
to the moon, but NASA just announced its team
for its next moon mission.
These four astronauts, three Americans and one Canadian,
will make their journey to outer space on Artemis 2
in November of 2024.
This will also be an historic mission
as it will be the first time a woman and a person of color
will be on a lunar flight.
Our Ed Lavandera sat down with the newly named crew.
- Ladies and gentlemen, your Artemis 2 crew.
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ED LAVANDERA: NASA calls this moment the launch
of the Artemis generation, and the space agency has unveiled
its first cosmic rock stars--
commander Reed Wiseman, pilot Victor Glover,
mission specialist Christina Koch,
and Canadian Jeremy Hanson.
CNN sat down with the crew of the Artemis 2 mission.
Armstrong, Aldrin, Collins, Borman, Lovell, Anders--
those are all iconic astronauts that touched the moon
or grace the edges of the moon.
Your names go next to those guys.
How did you find out about this, and how
does it feel, quite frankly?
CHRISTINA KOCH: The leader of our flight operations
directorate said to us-- and he said, how would you
like to go flying on Artemis 2?
My answer to him was, sir, it would be an honor.
It's amazing to be a part of this team that's going back
to the moon and on to Mars.
And it's exciting times that we're
actually making this step.
ED LAVANDERA: If all goes as planned,
the Artemis 2 crew will orbit the moon
next year for about 10 days.
They will aim to travel farther into space
than any humans have ever gone.
They'll fly in the Orion Spacecraft,
paving the way for future Artemis missions
to land on the moon again and ultimately journey to Mars.
I think for most people who watch space programs,
since the end of the space shuttle program,
that space travel has become the game
of billionaires and the wealthy who
travel to the edges of space.
Why is this so important?
VICTOR GLOVER: One aspect of human space exploration
is that it unites and it lifts.
I love-- you keep using that word, Jeremy, "lifts."
It lifts people up, and it pushes you to do
things that seem impossible.
REID WISEMAN: When you go out and do something that pushes
the boundaries, you always learn things that you
didn't expect to learn.
And we will have breakthroughs left and right.
It's going to be phenomenal.
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ED LAVANDERA: It's been more than a half century
since astronauts returned to the moon.
Apollo 8 astronauts were the first to see
the surface up close.
Their mission and films captivated the world.
The voices of astronauts beamed back to Earth
felt like science fiction.
- Good luck, a Merry Christmas, and God bless all of you.
ED LAVANDERA: Christina Koch kept this iconic image
of the "Earthrise" taken by that first crew in 1968
on her bedroom wall as a little girl.
The Artemis 2 crew is making history
by putting the first person of color
and a woman on a lunar mission.
CHRISTINA KOCH: It's an honor to be a part of this program
at a time when we as an organization, as a country,
have recognized and decided that it's important to go
for all and by all.
ED LAVANDERA: When you see the Earth rise for the first time,
have you thought about what that moment is going to be like?
JEREMY HANSEN: I think it's going to be pretty emotional.
I'm going to be seeing that image with three friends.
We're going to be in a tiny capsule.
I think there's going to be some hugging.
ED LAVANDERA: Do you think, in our lifetimes,
we will see somebody landing on Mars?
JEREMY HANSEN: I do.
VICTOR GLOVER: I certainly hope so.
REID WISEMAN: I think we will get there in our lifetime.
To think that humans will be walking on Mars in 20 years
is completely reasonable.
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COY WIRE: For our next story, we're headed to Jamaica,
man, to give a 10 out of 10 to an Olympic champion sprinter
that isn't taking a single day off,
not even at her son's sports day at school.
36-year-old Shelly-Ann Fraser-Pryce
leaving all the other parents in the dust,
reminding everyone that she's the third-fastest woman
of all time.
Now, Fraser-Pryce's is speed has carried her
to eight Olympic medals, three of them gold, as
well as 10 world titles.
And I actually got to interview her after she won gold
at the Tokyo Summer Olympics.
She told me she used to run to school every day
as a kid barefoot because she couldn't afford shoes.
She told me she runs today to inspire all the youngsters out
there, letting them know that even if you
don't come from privilege, you can reach
your greatness someday too.
All right.
Now, Random Thought Thursday question
was, how much dirt is in a hole that measures 2
inches by 3 inches by 4 inches?
Well, the answer is none, lovely people.
It's a hole.
Great job with all of the Your Word Wednesday submissions.
Thanks to Madison.Westeroff from Cashion, Oklahoma.
Today's vocabulary word was "hullabaloo," a noun
meaning a commotion or a fuss.
Now, before I go, we want to give a special shout out.
Winfield, Kansas, Winfield Middle School, we see you,
lovely people.
We're going to be off the air next week for spring break,
but I will see you right back here tomorrow.
Sending you all some good vibes today.
I'm Coy Wire, and we are CNN 10.
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