Reported 2 days ago
The anticipated strong spring homebuying season is being jeopardized by new tariffs recently imposed by the government, causing consumer confidence to decline. Buyers are hesitant to make significant purchases due to fears of inflation and a recession, while sellers worry about falling home values. Despite this uncertainty, competitive bidding continues in many markets due to low inventory, yet many potential buyers are reconsidering their financial strategies amid market volatility.
Source: YAHOO