The real estate market over the last two years has been the hottest we have historically ever seen. With that has come a wild variety of buyer offers, buyers outbidding one another, waiving contingencies on appraisals and home inspections, and even overbidding well above the market value just to get in a property…
Wednesday March 16, Jerome Powell and the Federal Reserve announced their interest rate increase of 0.25%. After months of speculation and shifting opinions on where they would finally lay their decision, we now know what we’re facing in the immediate timeframe…
It is all but set in stone that the Fed will raise their short-term rate in March. During testimony on Wednesday March 2, 2022 Fed Chairman Jerome Powell said he still sees interest rate hikes up ahead as “implications for the U.S. economy are highly uncertain” from the Ukraine war.