Consumer confidence collapses, China flashes its “nuclear option,” Zillow goes after secret listings, and uh oh, renovations could get even pricier—what does it all mean for your investments?
Americans are dealing with severe trade war whiplash, and it’s starting to show. Consumer sentiment has fallen off a cliff in the most recent reading, with many Americans fearful that inflation will spike back up, the economy will slow way down, and we’ll be stuck in economic quicksand. How close is this to reality, and if average Americans are panicking, what should investors do to keep their sanity and portfolios stable?
It’s been quite a week, so we’re bringing you the biggest headlines from the housing market and more! Zillow fights to unlock some of the “gated” listings agents and brokers have been using to curate their clientele selectively. Don’t know what secret listings we’re talking about? There’s a good chance they were hidden from you, too!
China holds the “nuclear option” that could end the trade war, but will they use it, knowing that it could quickly send a shockwave across the shore and straight into China’s own economy? Plus, are things really that bad? According to Americans…yes. Consumer sentiment is now hovering around ten-year lows. Flipper confidence could be next, as construction costs may rise due to tariffs. How do you protect your deals, no matter what’s coming down the pipeline?
Dave:
The so-called Liberation Day tariffs have officially kicked in sending shockwaves through the markets and raising big questions for real estate investors. Today we’re breaking down what all the recent news means for the economy, the housing market, and for your portfolio. I am your host, Dave Meyer, and I am joined with our esteemed panel, Kathy Beckie, Henry Washington and James Dard. We’re going to be diving into the latest headlines, sharing our hot takes and helping you make sense of the madness. Now, James, Henry, Kathy, are any…