The media continues to spread doom and gloom about the housing market, reporting that a bubble may be ahead as demand wanes due to rising rates and rising prices. However, a look at recent data shows that demand remains strong, and that there’s more to th
Jun 30, 2022 |
Newsletter - 6/27/2022 Week of June 20, 2022 in Review Inventory issues continue to impact home sales and rental home prices while Fed Chair Powell said a recession is “certainly a possibility.” Here are the key stories: -Existing Home Sales Still
Jun 27, 2022 |
There has been more doom and gloom in the media about the housing market. With so much economic uncertainty, fears of a recession, rising inflation and higher costs for food, gas and other necessities, many are wondering: Will people be able to pay their
Jun 24, 2022 |
A Fed rate hike, hot wholesale inflation, weakening builder confidence and signs of economic slowdown led to a volatile week in the markets. Here are the top headlines: Fed Rate Hike Largest Since 1994 Wholesale Inflation Declines Slightly But Remains El
Jun 21, 2022 |
The Consumer Price Index (CPI) was reported last Friday and it showed that consumer inflation rose 1% in May, which was much higher than the expected 0.7% gain. On an annual basis, CPI rose from 8.3% to 8.6%, which is the hottest reading in 41 years! O
Jun 16, 2022 |
Consumer inflation reached a 41-year high in May while annual home price appreciation tied another record high in April. Here are the key headlines: Consumer Inflation Hits Highest Level Since 1981 Majority of Top Economists Do Not Believe We’re in a Hou
Jun 13, 2022 |