EPISODE · Jul 18, 2023 · 5 MIN
Inflation at Two-Year Low - Tom's Take 332
from The Tom Toole Sales Group Podcast · host The Tom Toole Sales Group Podcast
📉 Good news! Inflation hit a two-year low. The latest CPI data shows a 0.2% increase from May to June, coming in at 3% year over year. The Federal Reserve's measures to reduce inflation are working. 🏠 Housing costs remain a challenge, but mortgage rates have settled down at 7%. Experts suggest the Fed should halt rate increases, as it negatively impacts housing. 💰 Buyers: The current lull in demand presents a buying opportunity before rates potentially decrease later in the year. ⚡️ Sellers: Consider listing your home now, as more sellers will enter the market when rates decline. ✅ Consult with a professional agent to navigate the market and achieve your goals.
What this episode covers
📉 Good news! Inflation hit a two-year low. The latest CPI data shows a 0.2% increase from May to June, coming in at 3% year over year. The Federal Reserve's measures to reduce inflation are working. 🏠 Housing costs remain a challenge, but mortgage rates have settled down at 7%. Experts suggest the Fed should halt rate increases, as it negatively impacts housing. 💰 Buyers: The current lull in demand presents a buying opportunity before rates potentially decrease later in the year. ⚡️ Sellers: Consider listing your home now, as more sellers will enter the market when rates decline. ✅ Consult with a professional agent to navigate the market and achieve your goals.
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Inflation at Two-Year Low - Tom's Take 332
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