*This post is written by our Preferred Lender* 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 Elevated Builder Confidence Weakens as Homebuyer Traffic …
*This post is written by our Preferred Lender* 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 Strong Into Summer The Real Scoop on New Home Inventory Fed Chair Powell Testifies That Recession …
*This post is written by our Preferred Lender* 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 Housing Bubble-Annual Home Price Appreciation Ties …
