Real Estate Today
Market Trends and Real Estate Tips for Valentine's Day
Feb 7, 2025
Discover how to create a romantic atmosphere at home this Valentine's Day by appealing to the five senses. Learn about selecting the perfect rose with insights from a plant expert. Explore whether matching wall and floor colors are in style and dive into the charm of the old money aesthetic in design. Plus, gain insights from a realtor couple on their teamwork strategies and the implications of rising home prices on market trends and buyer opportunities.
27:30
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Quick takeaways
- Enhancing the romantic ambiance of a home can be achieved by engaging the five senses through visual organization, music, and scents.
- Current tariffs on building materials, particularly lumber, pose significant challenges for homebuilders, potentially increasing construction costs by up to 55%.
Deep dives
Impact of Tariffs on Homebuilding
Tariffs imposed by the government could significantly affect the cost of building materials in the U.S., particularly lumber imported from Canada and Mexico. Current tariffs already impose a 15% cost increase, which could escalate to approximately 40% with new tariffs. This situation raises concerns among homebuilders, as they may face additional financial strain during the summer building season, potentially increasing prices by 50 or 55%. The National Association of Homebuilders has called for an exemption for building materials from these tariffs to alleviate the impending impact on construction costs.
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