Dangerous CPI INFLATION Report, Confusing The Boise Housing Market. #housingmarket #housingcrash #fed #inflation Consumer Price Index report is 7.1% for the month of December 2022. Jerome Powell of the Federal Reserve is expected to raise basis points by .50 points tomorrow.
Mortgage interest rates are dropping but are expected to increase tomorrow as the market waits on the FEDS decision to fight inflation. Home prices continue to fall in Boise Idaho, and the housing market remains flat. We investors jump on lower mortgage rates, or will we see a massive foreclosure wave from investor shock?
Will we see a massive housing flip? Inflation, cost of living, and Fed rates are crippling the housing market. Sellers are competing with Home Builders’ price cuts driving the real estate market down. Follow us along as we talk about the current state of the Housing Market.
Will there be a market crash? Will home prices ever come down? Why is rent so expensive? There are so many questions about the current housing market. Here, we try and answer a few! Are you looking to buy or sell real estate in Idaho? Do you need market updates? Be sure to follow our content as we upload weekly.
Weekly Boise Idaho Real Estate Market Updates. Need help or ways to buy a rental property or investment?
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Good News Realty Group LLC, located in Boise Idaho.
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