The newest challenge to present itself, and the hot topic for discussion at the moment, are trade tariffs enacted by the current administration. As tariffs pertain to CRE, the most immediate impact is escalating construction costs and the potential for new supply chain disruptions contributing to overall uncertainty in the near-term.
It’s important to take an honest look at your finances and the overall costs of owning before deciding how much home you can actually afford.
Educate yourself on the financial considerations of becoming a home owner before you decide to purchase.