March 9, 2025 - 01:06
Real estate broker Katrina Campins recently shared her insights on the implications of President Donald Trump’s tariffs for the housing market. During her appearance on a news segment, Campins emphasized that tariffs are a crucial element of Trump's broader economic strategy aimed at creating a more equitable competitive environment for American businesses.
Campins highlighted that while tariffs can protect domestic industries, they may also lead to increased costs for construction materials. This rise in expenses could ultimately translate to higher prices for homebuyers, potentially impacting housing affordability. She pointed out that the construction sector heavily relies on imported goods, and any tariffs imposed on these materials could disrupt supply chains and slow down development projects.
Furthermore, Campins suggested that the long-term effects of these tariffs could reshape the real estate landscape, influencing both new constructions and renovations. As the housing market navigates these changes, stakeholders will need to adapt to the evolving economic climate shaped by these trade policies.
June 16, 2025 - 00:37
Understanding Mortgage Closing Costs Across StatesThe amount needed to pay at closing will vary by state, significantly impacting homebuyers` overall expenses. As mortgage rates hover near 7%, potential homeowners are increasingly focused on...
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Home Prices Expected to Rise in 2025, According to NAR ForecastThe National Association of Realtors (NAR) anticipates a 3% increase in home prices across the United States in 2025. This projected growth is largely attributed to a resurgence in housing sales...
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Historic GE Headquarters in Fort Point Sold for $57 MillionBOSTON — The building in Boston’s Fort Point neighborhood that once served as General Electric’s temporary headquarters has been sold for just over $57 million. This transaction comes at a...
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Will the New Tax on Non-Owner-Occupied Mansions Attract Celebrities to Rhode Island?As discussions intensify around the newly proposed tax on non-owner-occupied mansions, local real estate stakeholders are expressing concerns about its potential impact. Dubbed the `Taylor Swift...