It feels as though we’re collectively holding our breath, waiting for the next piece of economic or inflation news to determine our next moves. In the meantime, we often find ourselves prioritizing small immediate gains over larger, more significant opportunities.
This year might be one where rates don’t drop as much as we’d hoped. Home values continue to rise, and the economy keeps chugging forward, regardless of our expectations.
We find ourselves milling around, focused on picking up that dime, when in reality, we’re stepping over all the dollars.
If you’re considering selling your home and relocating to a better or different location, there may not be a better time to do so.
However, if you’re waiting to buy a home until rates drop just a little bit more, you risk missing out on appreciation gains and finding the right home.
What are your priorities? Be the dollar, not the Dime.
Personal Consumption Expenditures (PCE) are projected to come in at or slightly below current levels 2.849%. This is the Fed’s favorite measure of inflation. The numbers come out Friday morning.
