After a short pause in rate hikes, the Federal Reserve once again raised interest rates by 0.25% at their July meeting. This makes 11 increases in the last 12 meetings. Increasing interest rates slows economic growth, reducing inflation. It also raises the cost of debt. Unfortunately, the speed and volume
Housing markets operate in microcosms. Trends in one state or region often do not mirror the country as a whole. For instance, what happens in New York or San Francisco may not reflect markets in Saint Louis or Dallas. Generally, urban centers have different supply and demand challenges than rural
In the past seven months, the Federal Reserve raised interest rates five times for an aggregate increase of three percentage points. The agency indicated they expect to continue raising rates until inflation abates. While rate hikes tend to make front page news, just as inflation does, it’s often less clear
