Rising Inflation Causing Hardship for Majority of Households We saw in the news this past week that inflation continues to rear its ugly head. Today’s graphic from Statista illustrates how inflation is causing hardship for the majority of U.S. households. Stay safe, watch your wallet and have a Happy Friday!!! “As inflation remains at the
The Best Investment During Times of Inflation? On a recent episode of Real Estate News for Investors, Kathy Fettke says the latest reports on inflation have “given the economy indigestion.” On this episode, she discusses some of the ways to invest when inflation is working against you. Click here to listen on Spotify.com. The
Inflation Hits Food Staples the Hardest With U.S. inflation hitting a high not seen since the Carter-years, the folks over at Statista did a deep-dive into the recent numbers to illustrate how food staples are being hit the hardest. They point out that the price of eggs rose by a third between June 2021 and
Home Appreciation vs. Inflation Since the ’70s Keeping Current Matters says that rising inflation puts a pinch on the wallet and makes you reevaluate any big purchases you may have planned. They point out that potential homebuyers are probably wondering if they should continue down that path or if it makes more sense to wait.
Inflation Hits New 40-Year High in May The U.S. Bureau of Labor Statistics is reporting that the Consumer Price Index for All Urban Consumers (CPI-U) was up 1% in May, 2022. However, the all items index was up 8.6% for the 12 months ending in May – the largest 12-month increase since December, 1981. “The
Inflation Hits 40-Year-High and Double-Digit Rent Growth On a recent episode of Real Estate News for Investors, Kathy Fettke discusses inflation hitting a 40-year-high, where rents are growing the fastest, the high cost of building new homes, mortgage rates hit the 5% mark and home values appear to be rising much faster than property taxes.