inflation

Over the last few weeks, we've heard media reports about inflation finally being under control. But is this real or just a "mirage"?   Let's start by explaining that inflation is the increase in the overall price level of goods and services in an economy over time. It is caused by several factors, such as rising demand for goods and services (like it happened for homes when interest rates...

Over the last few weeks, mortgage interest rates have continuously climbed to the point of reaching the mid-7 % on average, where they currently are. It's crazy that we started in the higher 2% this year! The rapid increase in rates is something that we have seen once before, so let's look into the 80s to have an idea of what may be happening in the short term.   In 1980 inflation was...

Over the past few weeks, the real estate market has been undergoing changes due to recent events, like fluctuation in interest rates, demand, and supply, among other external factors. Knowing what to do/think as a buyer or seller is complex, with so much information. If you are in a position to buy or sell, you need answers fast. Let's talk about your opportunities.   Year over year,...