Will New Tariffs Make Homes More Expensive?

Are you planning to buy, build, or finance a home soon? If you are, you might be in for some bad news: President Trump's newly announced tariffs—10% on most imports and 25% on foreign vehicles—could significantly affect your plans. Today, I’ll explain how these tariffs are expected to raise construction costs, potentially keep mortgage rates higher for longer, and reduce homebuyers' purchasing power. All these might seem daunting, but understanding these changes is key to making smart and informed decisions. To learn what steps you can take to navigate the evolving real estate landscape, just check out my video.