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In this Real Estate News Brief for the week ending August 14th, 2021… where lot values are surging, how rent payments can help new home buyers, and a contest for tiny home designs. Hi, I'm Kathy Fettke and this is Real Estate News for Investors. If you like our podcast, please subscribe and leave us a review. Economic News We begin today’s episode with economic news from this past week. Two inflation reports show that prices are still heading higher. The consumer price index was up .5% in July. That’s down from .9% in June which prompted some economists to say that inflation is moderating. But the yearly rate is 5.4% which is the same as June, and well above the Federal Reserve’s 2% target. The core rate is a bit lower. That omits prices for energy and food. It was up .4% to a yearly rate of 4.3% which is slightly lower than the June rate. (1) Although the numbers show that inflation is backing off a little, it’s still a whole lot higher than it was last year. The consumer price index was running at 1% annual