[Cardfan1]

Jimmy Carter has finally done it! 

The former president has lived to see the worst American president in history without needing a mirror. Soaring home prices, soaring gas prices, increasing violence in the Middle East as a result of cozying up to Iran again...it is as if China Joe is using Carter's presidency as an Oval Office instruction manual, except he is determined to repeat all of Carter's mistakes in his first year.

Inflation is here and Biden's extravagant spending plans are not going to let it go away any time soon.

Home prices spike by most in 15 years

Prices rose 13.2% year over year

U.S. home prices in March posted their biggest annual increase in more than 15 years as the COVID-19 pandemic sped up the flight from city centers to the suburbs, causing demand to outstrip an already tight supply.

Home prices rose 13.2% year over year in March, according to the national Case-Shiller index, making for the largest increase since December 2005. Prices are now 32% above their 2006 peak.

"Massive home buying demand shows no signs of abating despite some rise in mortgage rates and concerns of overheated home price growth," said CoreLogic deputy chief economist Selma Hepp. "At the same time, hopes that new listings would proliferate as mass vaccinations encourage baby boomers to list their homes is showing little signs of taking place."

The 20-city composite jumped 13% compared to a year ago, up from a 12% gain the previous month. All 20 of the cities in the index reported higher prices in March than in February with Phoenix (+20%), San Diego (+19.1%) and Seattle (+18.3%) continuing to see the biggest gains. Chicago (+9%) was the only city to see a single-digit increase.

Quooter the worst President ever was your Dear Leader the numbers don't lie unlike you.
Are we headed for the same housing crisis like we did in 2008 ?
After the last president rolled back all the regulations in the dodd frank act.

Trump’s Assault on Financial Reform - The American Prospect
Now as far as interest rates going up me personal would love to see them go up make that bank.
Quooter you have to be the Biggest Liar on here.

Hooter forgot we are recovering from a Pandemic his Dear Leader allowed to ravage our nation.