CPI is skyrocketing at a “forceful and rapid” rate, according to Federal Reserve Chairman, Jerome Powell. Jamison, Heather, and, guest speaker, Mitch discuss the relevance of this news on Arizona Real Estate and the long-term impacts of such a volatile market. In Arizona, we see a large scarcity of housing and with that, not only comes higher mortgages, but also, increased rental rates. The cost of buying a home far exceeds that of renting, but with growing interest rates, a 6% rate might not be so bad to purchase a home.