Market Updates

March 14, 2023

More Rate Hikes in 2023?

Jerome Powell Chairman

The Federal Reserve. Love it or hate it, it’s likely here to stay. The FOMC meets eight times a year. In 2022, they raised the federal funds rate 7 times. So far, with already one meeting down in 2023, there have been eight consecutive rate increases. Are there more to ...

View More
Posted in Market Updates
March 14, 2023

Fractional Reserve Banking Explained

Fractional Reserve Banking

People have been educating themselves a lot lately on how the banking system actually works. Once you understand, it’s hard to view the system in the same light, and trust it. This will explain in simple terms, generally what fractional reserve banking is, and how banks do it.  

Fractional ...

View More
Posted in Market Updates
March 14, 2023

What Is A "Bank Run?"

Bank Run

In light of recent events, many people have been curious as to "what is going on" with the banks right now. As of the time I am writing this, three well-known banks have seemingly "collapsed" and just before the US Government stepped in, were in some major hot water. The following ...

View More
Posted in Market Updates
Jan. 2, 2023

What Is ChatGPT?

 

If you've been paying attention to the news, or follow any tech pages, you've definitely heard of ChatGPT by now. There is so much hype and talk about this, mainly because it is groundbreaking tech that is now available to the average person. This will very likely ...

View More
Posted in Market Updates
Jan. 2, 2023

Happy 2023!

 

 

We at The Griffin Group wish you and yours a very happy New Year! As always, please contact us anytime for any of your real estate needs. Have a great week!

Posted in Market Updates
Dec. 28, 2022

What Is The Federal Reserve?

The Federal Reserve, also known as the "Fed," is the central banking system of the United States. It was established in 1913 with the passage of the Federal Reserve Act, which was signed into law by President Woodrow Wilson.

Before the Federal Reserve was created, the U.S. financial system ...

View More
Posted in Market Updates
Dec. 16, 2022

Your First Income Property

Thinking of buying a rental property?

 

If you're looking to diversify your investment portfolio and generate additional income, buying investment properties may be a good option for you. While buying and managing rental properties can be challenging, it can also be a rewarding and profitable venture if you ...

View More
Posted in Market Updates
Dec. 15, 2022

Airbnb And How It's Changed The Market

 

Airbnb has had a significant impact on the rental market since it was founded in 2008. The online platform, which allows people to rent out their homes or apartments to travelers, has given property owners a new way to earn income from their properties, and it has also given ...

View More
Posted in Market Updates
Dec. 14, 2022

Home Financing Explained

Let's get super basic on what a mortgage is, and what the differences are in the two main types of financing.

 

A mortgage is a type of loan used to finance the purchase of a property. There are two main types of mortgages: fixed rate mortgages and adjustable ...

View More
Posted in Market Updates
Dec. 13, 2022

Staging Your Home For A Successful Sale



Staging your home is an important part of the selling process. By properly staging your home, you can make it more appealing to potential buyers and increase the chances of a successful sale. Here are some tips for staging your home:

  • - Declutter and depersonalize: Remove excess clutter and personal items ...
View More
Posted in Market Updates