Tariffs, Equity, and Looking Ahead to Spring
The real estate market never sleeps, even in the depths of winter! As we bundle up against the snow and dream of spring gardens, I wanted to address some of your most pressing questions – especially about those tariff discussions making headlines. Let's dive into what this could mean for homeowners and buyers in our area, along with a peek at what's happening in our local market.
A lot has happened since we last touched base. I hope you are well, and surviving this snowy winter (I am starting to dream of spring).
I have been fielding a lot of questions in regards to what the tariff chatter would do to housing if implemented… so I want to start there.
First off, if you already own your home, it won’t hurt the equity you have. In fact, the average home equity value nation wide is $311,000 (as of January of 2025). This is nationally, so imagine what yours might be in the North East.
The tariffs being discussed that could impact housing: Canada, China, and Mexico. Think trees for framing, steel, and gypsum (the primary component in concrete). If you are wanting a new construction home, or planning big projects for the home you have, it might be a good idea to jump on in. I do expect to see prices go up if implemented, so why wait?
Our inventory is still very low, but I expect an active spring market! There seem to be a lot of people ready to move from their starter homes, which is a good sign for inventory. It is still a sellers market though, so if you are on the fence- now is the time.
It is the week of love, and I really truly adore each of you. You make our communities great.
As a mom, I've learned one of life's most valuable lessons: knowing when to offer guidance and when to let go. This delicate balance hasn't just made me a better parent—it's become the cornerstone of my approach as your Northern Westchester real estate agent.
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As someone who's helped countless families find their perfect home, I've seen firsthand how outdoor spaces transform lives. A yard is where summer barbecues create community bonds, where children build memories that last a lifetime, and where you'll gather for celebrations big and small.
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It might be time to look NORTH.
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As someone who helps city dwellers find their perfect home in Fairfield and Westchester Counties, I've witnessed countless transformations as people discover they can truly have it all – the accessibility of NYC with the breathing room of northern suburbs.