Tariffs boost housing renovation costs after Zillow and others go all-in on iBuying – Delaram Art & Design

The National Association of Home Builders said tariffs will boost housing construction and renovation costs by $2.5 billion. "In iBuying, it’s razor-thin margins anyway, so any sort of ripple in the pond has the potential to disrupt," said Mike DelPrete, a real estate strategist who tracks the iBuying market.

SANTA CRUZ – Single-family home sales in Santa Cruz County dropped in November – from 183 a year ago to 134 – and the median price, the midpoint of what sold, was $911,250, according to Gary.

 · Real estate tariffs boost housing renovation costs after Zillow and others go all-in on iBuying Costlier supplies will shrink “razor thin” margins as iBuyers move into new markets

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 · tariffs boost housing renovation costs after Zillow and others go all-in on iBuying Posted on May 15, 2019 by admin in News The United States and China are locked in a tit-for-tat trade war that will boost the price of materials that go into home renovation and construction.

 · The National Association of Home Builders said tariffs will boost housing construction and renovation costs by $2.5 billion. “In iBuying, it’s razor-thin margins anyway, so any sort of ripple in the pond has the potential to disrupt,” said Mike DelPrete, a real estate strategist who tracks the iBuying.

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Local News Archive for Lake Forest, CA. Archive for Lake Forest, CA. This is an archive of articles posted prior to the last seven days.

The United States and China are locked in a tit-for-tat trade war that will boost the price of materials that go into home renovation and construction. The higher costs come as iBuyers such as Zillow, Opendoor and Offerpad are expanding into new markets with plans for fixing up and reselling homes.Many of the products iBuyers need to paint, repair and in some cases renovate kitchens and other.

Tariffs boost housing renovation costs after Zillow and others go all-in on iBuying The United States and China are locked in a tit-for-tat trade war that will boost the price of materials that go into home renovation and construction.

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