{"id":6416,"date":"2025-03-31T06:43:43","date_gmt":"2025-03-31T10:43:43","guid":{"rendered":"https:\/\/www.deeds.com\/articles\/?p=6416"},"modified":"2025-03-31T06:43:47","modified_gmt":"2025-03-31T10:43:47","slug":"tariffs-and-more-what-happens-now-with-the-2025-housing-market","status":"publish","type":"post","link":"https:\/\/www.deeds.com\/articles\/tariffs-and-more-what-happens-now-with-the-2025-housing-market\/","title":{"rendered":"Tariffs and More: What Happens Now With the 2025 Housing Market?"},"content":{"rendered":"\n
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There\u2019s some extra tension in the real estate market. Anyone can sense it. Knowing what\u2019s going on underneath it can help those who hope to acquire a deed this year.<\/p>\n\n\n\n

Home prices haven\u2019t stopped rising in 2025<\/a>. Prices could easily go up between 3 and 4 percent more, over the rest of the year. And waiting until later is no guarantee of a better buy.<\/p>\n\n\n\n

The wild card? It\u2019s the new administration\u2019s policy moves on the building sector, according to the financial publication Kiplinger.com<\/em>. The Trump administration has increased the cost of key Canadian and Mexican metals by 25% by way of tariffs. Broader tariffs are slated to go into effect starting this week: April 2.<\/p>\n\n\n\n\n\n\n\n

\u201cHousing Market Faces Headwinds\u201d<\/h2>\n\n\n\n

What headwinds does Kiplinger <\/em>show us? Some of them are old news by now. Yes, deed holders who snagged super-low rates from 2020 through early 2022 are still hesitant to sell. And many older adults would prefer to keep their deeds than to leave familiar surroundings. All told, more than a third of current deed holders nationwide have no intention to sell \u2014 ever.<\/p>\n\n\n\n

All this helps keep the pickings slim, and the prices high. First-time buyers bear the brunt of the pain, to the extent that they aren\u2019t sitting on home equity. They\u2019re looking for smaller homes they can afford. And good luck with that, right? The traditional \u201cstarter home\u201d seems to be an endangered species.<\/p>\n\n\n\n

On the plus side, many more homes should pop up for sale, Realtor.com<\/em> predicts, throughout the remainder of the year. This is because so many new builds are under construction. So far, anyway. And in certain areas.<\/p>\n\n\n\n

Buyers who obtain their deeds from home construction companies could find <\/strong><\/em>builders who offer incentives to home buyers<\/em><\/strong><\/a>. These range from covering the costs of appraisals to a year-long discounted mortgage rate.<\/strong><\/em><\/p>\n\n\n\n

Whether the hopeful buyers can actually find that inventory, of course, is a matter of where they look and where they are able to go. It appears that some building regulations will be stripped down, allowing builders to speculate on land that has not been easily available before.<\/p>\n\n\n\n

The Trump administration\u2019s deregulation slant is double-edged. Building too fast or too much could have negative impacts for all deed holders down the road (particularly given climate impacts). At the same time, fewer restrictions mean more real estate developments. But will they be what most people are looking for?<\/p>\n\n\n\n

More and More Question Marks Hang Over the Future<\/h2>\n\n\n\n
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Mortgage interest rates are above 6% and set to stay that way. Still, no one can make a sure bet about this market. Too many weighty question marks hang over the nation\u2019s collective future:<\/p>\n\n\n\n