Howie Chen Realtor

Here is my two cents on how Trump’s ‘Liberation Day’ tariffs could impact the US housing market.

Despite some exemption favoring lumber, steel, and gypsum imports, new homes might climb 4–7% by 2025 while existing homes creep up 2–4%. If mortgage rates stick at 6-7% and recession hits, price drops 3-5% from 2026 high.

What do you think—buy now or wait it out? Drop your take below! "

Comparing to 2007 where 80% of US mortgages were adjustable interest, mortgage market is as healthy as it has ever been.

Number of mortgage application have dropped to new low. We are going to have crazy pent up demand the next few years. Will be very interesting to see how it’ll play out.

Feds fight with inflation is near the end. Real interest is about 1% now. the 4th qtr in 2023 probably the last chance to scoop up suppressed real estate and other assets.

National housing market shift. Buyers are getting used to the interest rate. A lot of markets have recovered nicely. Austin has gotten beaten up the most. Though stabilized, Austin hasn’t started recovering. Aug-Oct seasonally has a lower demand/supply ratio than other months of the year.

What was this in Austin sky this evening? Fell for a few minutes and disappeared.

New listing. The best value in one of the most sought after zip codes. Close to everything downtown.

You are invited to the Openhouse today 1-4pm with food and beverages.

#德州 #奧斯汀 #房地产 #投資

Good time to get your roof inspected.