
Homebuilders Bleak Outlook On The Housing Market
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The current administration's decision to double tariffs on imported steel and aluminum to 50% is driving up construction costs, which could make affordable housing even harder to find. These materials are essential for building new homes, and with higher prices and increased economic uncertainty, homebuilders are pulling back, further squeezing supply in an already strained housing market.
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THIS PODCAST IS THE OPINIONS EXPRESSED BY LICENSED REAL ESTATE AGENTS IN DIFFERENT REAL ESTATE MARKETS. DO NOT BASE YOUR HOME PURCHASE OR SALE ON THE OPINIONS EXPRESSED IN THIS STREAM. ALWAYS CONSULT YOUR LOCAL REALTOR FOR YOUR MARKET CONDITIONS.