Yesterday, President Donald Trump announced sweeping global tariffs on imports from dozens of countries and territories around the world, ranging from 10% to 50%. With the stated aim of bringing production back to the United States and balancing alleged “unfair” trade balances, most predict that the new tax will trigger significant disruption to the global economy.
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In a nutshell, I anticipate lower interest rate and a higher inventory. It should be good market for selling older homes.
Jim Fry
Berkshire Hathaway HomeServices Penfed Realty
Stafford Office
(703)625-3332