tariffs boost housing renovation costs after Zillow and others go all-in on iBuying J.D. Power: Will mortgage lending go fully digital in 2018? One in Six Borrowers Underwater on Mortgage, Zillow Says
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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.
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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