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Tariff Woes Worry CEOs

August 26, 2019

When President Donald Trump spoke to Apple’s Chief Executive Tim Cook about the impact of US tariffs on Chinese imports, Cook warned that those duties could give an edge to rival Samsung. The president said that Cook “made a good case” that the tariffs could hurt Apple, given Samsung’s products wouldn’t be subject to the […]

Filed Under: At A Glance, Government Affairs Tagged With: Apple, BBC News, business-related expenses, China, CNN, consumer goods, global, recession, retailer, tariffs, Tim Cook, trade war, Trump, Wall Street Journal

Impact of Fed’s Cut, Jobs Report

August 5, 2019

Below are reports from NAR’s REALTOR® magazine on the Fed interest rate cut and an excerpt from Bloomberg’s coverage of Friday’s Labor Department jobs report.  Last Wednesday’s action by the Federal Reserve was the first time it cut interest rates since the Great Recession took hold in 2008. The move is not likely to deliver […]

Filed Under: At A Glance, National News Tagged With: Bloomberg, China, employment, Fed's rate cut, housing affordability, Interest rates, jobs report, Lawrence Yun, tariffs, trade war, Trump, world economy

Tariffs Behind Rising Remodel Costs

May 28, 2019

Those wanting to spruce up a home may need to add more money to their budget. Builders and contractors are warning that new tariffs on Chinese goods will add $2.5 billion in added costs to the home remodeling industry, and those extra costs will be passed on to customers. NAR’s 2019 Remodeling Impact Report Tariff […]

Filed Under: At A Glance, Government Affairs, Industry News Tagged With: China, CNBC, NAHB, National Association of Home Builders, remodel, tariff

Chinese Investors Unfazed—For Now

April 16, 2018

As President Donald Trump threatens to impose a tax on steel and aluminum from China and other countries, and both sides threaten to impose tariffs on multiple products, the stock market has been volatile. But will the trade disputes leave Chinese buyers skittish about U.S. real estate?  “At this point, most Chinese buyers are cautiously […]

Filed Under: At A Glance, National News Tagged With: aluminum tax, China, Chinese buyers, CVAR, CVAR at a Glance, CVAR Connect, cvar.net, cvarconnect.com, steel tax, trade war

Foreign Buyers Eye US Real Estate

March 12, 2018

Residents from other countries are increasingly eyeing U.S. real estate as a good investment, and they’re making up a significant portion of buyers in some markets. But who is coming is changing. Chinese buyers have been the biggest portion, spending the most of any foreign group on U.S. real estate. They spent $31.7 billion on […]

Filed Under: At A Glance, California News, Government Affairs, Industry News, Pro Tips Tagged With: China, Foreign buyers, luxury market, Mansion Global, Mexico, NAR, residential, U.S. real estate

Foreign Home Sales Set Records

July 24, 2017

Foreign investment in U.S. real estate has surged to a new high, with property expenditures skyrocketing 49 percent over the past year, according to the National Association of REALTORS®’ 2017 Profile of International Activity in U.S. Residential Real Estate. Nearly half of all foreign sales were in three states: Florida, California, and Texas. Between April […]

Filed Under: At A Glance, Government Affairs, Industry News, National News Tagged With: China, foreign buyer, global economies, international trade, U.S. immigration

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