Rate of Inflation Heads Down

Inflation has slowed for 6 straight month in December and is now at 6.5% down from a high of 9.1%. Although still well above the Federal Reserve's 2% target, it is going in the right direction.

It is very likely the fed will continue to increase rates to achieve their inflation target. As for Houston real estate, while interest rate is no longer pandemic low, a re-adjustment of home prices would most likely bring more buyers back into the market.

As always, thank you so much for stopping by. Remember, if you are thinking of purchasing your first home, please contact us. We are here to help. We have been helping Houston first time home buyers since 2011 and we can help you. I hope you have an amazing day. Until next time...Diana

Source: Wall Street Journal

Image: Created by Diana