Impact
Real Estate Economists Discuss How Tariffs Could Impact Homebuilders, Buyers
President Trump’s 25% tariffs on Mexican and Canadian imports, initially set to go into effect earlier this week on Tuesday, March 4, have been delayed up until April 2. Trump granted Mexico the extension, announcing it via Truth Social post, and just a few hours after, he reversed the order for Canada. For another month,… […]
The Impact of Interest Rates on Condo Sales
Interest rates are critical in the real estate market, especially in selling condominiums. Understanding this impact can help buyers, sellers and investors make informed decisions. Introduction to interest rates and condo sales Interest rates are the cost of borrowing money, typically expressed as an annual percentage of the loan amount. They influence the affordability of… […]
The Forbearance Period is Ending: What’s the Impact on Foreclosures, House Prices, Supply, and Homeownership?
Foreclosures will likely widen the already alarming homeownership gap among income groups and racial groups, with low income and minority groups twice as likely to face foreclosure than higher income and non-minority groups and homeowners of FHA-insured loans three times as likely to face foreclosure. www.nar.realtor – Research
NAR Calls on Housing & Urban Development to Withdraw Disparate Impact Rule
NAR cites broad national consensus to advance efforts to eradicate racial discrimination while arguing HUD’s revisions place too heavy a burden on the ability of parties to bring legitimate initial disparate impact claims. www.nar.realtor – Fair Housing