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National Association of REALTORS®

Real Estate
Trump's Tariffs Could Increase New Home Prices Up To $10K, Builders Warn: Here's Why Trump's Tariffs Could Increase New Home Prices Up To $10K, Builders Warn: Here's Why
Trump's Tariffs Could Increase New Home Prices Up To $10K, Builders Warn: Here's Why New home prices could jump by as much as $10,000 because of President Donald Trump's tariffs, industry leaders warn. The National Association of Home Builders (NAHB) estimates that Trump's tariffs could increase prices by $7,500 to $10,000 per new single-family home. The trade group said the estimate is based on reports from members planning for tariff-related price hikes. Trump imposed a 25 percent tariff on Canadian and Mexican goods on Monday, Mar. 4, as well as 20 percent duties on Chinese imports. Two days later, he announced the tariffs would be paused for products covered by the…

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by Chris Spiker
Real Estate
Home Sales Plummet, Prices Hit New January Record: How Tariffs Could Drive Costs Higher Home Sales Plummet, Prices Hit New January Record: How Tariffs Could Drive Costs Higher
Home Sales Plummet, Prices Hit New January Record: How Tariffs Could Drive Costs Higher Home sales fell in January as prices continued soaring, showing the financial strains potential buyers are facing. Existing-home sales declined 4.9 percent from December 2024 to a seasonally adjusted annual rate of 4.08 million in January, the National Association of Realtors (NAR) said in a news release on Friday, Feb. 21. The median home price climbed 4.8 percent year-over-year to $396,900, the highest amount ever in a month of January. In the Northeast, sales fell 5.7 percent from December to an annual rate of 500,000 homes, though they increased 4.2 percent from January 2024. The m…

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by Chris Spiker
Real Estate
US Home Sales Plunge To Lowest Level Since 1995: Here's Why US Home Sales Plunge To Lowest Level Since 1995: Here's Why
US Home Sales Plunge To Lowest Level Since 1995: Here's Why Home sales in 2024 tumbled to their lowest level in nearly two decades but the Northeast offered a small glimmer of hope in an otherwise challenging year for the housing market. Existing-home sales dropped to 4.06 million in 2024, the National Association of Realtors (NAR) said in a news release on Friday, Jan. 24. That figure marked the worst year for the US housing market since 1995. The sales drop happened as the median price of a home reached a record high of $407,500, up six percent from 2023. "The median home price was elevated partly due to the upper-end market's relative …

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by Chris Spiker
Obituaries
Houlihan-Parnes Realtors Partner, WWII Vet James G. Houlihan, Longtime Bronxville Resident, 95 Houlihan-Parnes Realtors Partner, WWII Vet James G. Houlihan, Longtime Bronxville Resident, 95
Houlihan-Parnes Realtors Partner, WWII Vet James G. Houlihan, Longtime Bronxville Resident, 95 James G. Houlihan, a longtime resident of Bronxville and Palm Beach, Florida, died on Saturday, March 2 at the age of 95.  James G. Houlihan was born in Manhattan in 1923; he was the only child of James A. Houlihan and Genevieve McConnell Houlihan. His grandfather, Dan Houlihan, came to Scranton, PA from County Kerry, Ireland in 1874 at 19 and became a laborer in construction. He married Margaret Lynch Houlihan and their family grew to include nine children. Dan and his family moved to Manhattan and started what was to become a very successful real estate business that survives to…

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by Daily Voice