How does the Federal Reserve Rate Hike Affect Wake County?

How does the Federal Reserve Rate Hike Affect Wake County?

How does the Federal Reserve rate hike affect Wake County? The Federal Reserve continues to raise interest rates to fight the ongoing inflation. The federal funds rate was raised by 75 basis points again at its September meeting. In addition to raising the rates, the...

Triangle MLS Pending Homes Sales Down

September 1, 2022:  This morning, Triangle MLS pending homes sales dropped to the lowest number we have seen in years. Only 6,.993 homes are under contract in the 16 county base area covered by the multiple listing service. That is down from 9,008 one year ago...

Home Prices Drop Most Since 2011

Home prices dipped from June to July by .77% according to CNBC. Although home prices are only down slightly, it is the largest single month decline since January 2011. In addition, the drop marks the second worst July performance since 1991. The fall is the first...

Brian Pate Seminars Launches Coaching Program

Brian Pate Seminars has launched a coaching program for real estate agents that provides online training for agents. The coaching sessions will begin on Monday September 18th and the initial enrollment is limited to the first 20 people to register. The cost of the...

What is your Personal Inflation Rate?

Over the last few months, we have heard about inflation rates and how they have significantly increased over the last year. Most of us immediately think about what we get paid and then go back to the last time we had a raise. If it has been a while, we might even...