Minneapolis Ranks 7th Across United States in Rent to Income Ratio

Minneapolis Ranks 7th Across United States in Rent to Income Ratio

According to US News, Minneapolis Metro Statistical Area (MSA) ranks 7th place in undervalued homes for rent among US metros.  Minneapolis averages a rent to income ratio of 26.1%, far below the national median of 36%.  Detroit ranks 11th with a ratio of 27.8%. ...
New CPI Report shows 6.5% Yearly Increase for 2022

New CPI Report shows 6.5% Yearly Increase for 2022

Earlier this morning the United States Bureau of Labor Statistics (BLS) published their report on the Consumer Price Index (CPI) for the 2022 year.  The report states that we saw inflation rise 6.5%, and 5.7% less food and energy.  This comes after the Fed’s battle to...