May 12, 2025 - 09:18
As part of a new trade agreement between the U.S. and the U.K., 25% tariffs on aluminum and steel imports have been established. This move is expected to have significant repercussions for the U.S. housing market, particularly as these materials are crucial in construction. The tariffs could lead to increased costs for builders, which may ultimately be passed on to homebuyers in the form of higher prices.
Industry experts are closely monitoring the situation, as the housing market has already faced challenges due to rising interest rates and supply chain disruptions. With construction costs likely to escalate, the availability of affordable housing could diminish further, exacerbating the existing housing crisis in many regions.
Additionally, the agreement may influence the dynamics of international trade, potentially shifting sourcing strategies for construction materials. Builders might seek alternative suppliers or materials to mitigate the impact of the tariffs, which could reshape the competitive landscape in the housing sector. As these changes unfold, stakeholders in the housing market will need to adapt to the evolving economic environment.
July 12, 2025 - 19:10
A Journey of Friendship and Investment: Turning a House into a Profitable AirbnbSelena Lounds says that owning a home with her best friend isn`t all `roses and glitter,` but it`s been a great investment decision overall. After purchasing a house together, the duo decided to...
July 12, 2025 - 01:33
Recent Real Estate Transactions in Berkshire County (June 23-27)Real estate transactions in Berkshire County from June 23 to June 27 have been compiled from the records of the Middle Berkshire, North Berkshire, and South Berkshire Registry of Deeds offices....
July 11, 2025 - 19:44
The Current State of Real Estate: A Local PerspectiveYou’ve seen the headlines: prices are plummeting, prices are skyrocketing, and rising interest rates are stifling the market. Amidst all this noise, the reality on the ground in the Mohawk Valley...
July 11, 2025 - 09:15
Thousands of Idaho Homeowners Could Face Big Tax Bills When They SellA recent analysis reveals that over half of homeowners in Idaho may be unprepared for a significant financial surprise when they decide to sell their properties. The rapid appreciation of home...