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Podcast: The Tom Toole Sales Group Podcast
Episode: Favorable Economic Indicators For The Housing Market - Tom's Take 306
Description: The first big piece of news is that the consumer price index was down 0.1 percent in December, in line with economists expectations. And what this means is that inflation is easing a little bit. 👏
When the cost of money goes down, that means affordability increases for buyers and for sellers. It means that buyers can potentially pay more for your home and get a lower mortgage rate. 💰
👀 We saw rates drop below 6% last week.
The unemployment rate is still very low in the 3 to 4% range. 📊
The last thing here to consider is that we have a Fed meeting coming up in February...