New CPI Report shows 6.5% Yearly Increase for 2022

New CPI Report shows 6.5% Yearly Increase for 2022

Earlier this morning the United States Bureau of Labor Statistics (BLS) published their report on the Consumer Price Index (CPI) for the 2022 year.  The report states that we saw inflation rise 6.5%, and 5.7% less food and energy.  This comes after the Fed’s battle to...
New Home Sales down 35.9% YoY

New Home Sales down 35.9% YoY

As interest rates have risen, and our economy slowed, one of the first things to give way was the New Home sales market.  According to Zonda, New Homes sales are down nation wide at 35.9% year over year.  There has been a recent uptick in New Home sales as interest...
The Wells Fargo Housing Market Index Continues to Fall

The Wells Fargo Housing Market Index Continues to Fall

The Wells Fargo Housing Market Index (HMI) is a measurement of confidence in the market of real estate insiders. It shows no data of the market, but does provide the confidence and interpretations of the housing market from experts. For the second straight month the...