- Splits and Caps
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- Through The Roof
Through The Roof
Builders are bracing for impact as tariffs threaten to squeeze supply and push prices up
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Splits and Caps Daily: Action for Agents
February 12, 2025
đ Market Move:
Sticker Shock
Trump's back at it with tariffs, and this time it's not just lumberâsteel and aluminum are on the chopping block, too. A fresh 25% tariff on imports from Canada, Mexico, and the EU is set to hit in March, and nobodyâs happy about it. Canada and Europe are already threatening retaliation, while Mexico is pleading not to wreck 40 years of trade deals.
For real estate? This means homebuilding costs are about to get even worse. The cost of materials was already expected to jump 10% this year, but steel and aluminum hikes could push things even higher. That means more expensive appliances, fixtures, and construction costsâright when the market desperately needs more homes.
Builders are stuck between a rock and a tariff. They can either pass the costs to buyers (hello, higher home prices), cut corners, or scramble for U.S.-made materialsâexcept domestic supply might not be able to handle the surge, driving prices up even more.
Bottom line: If these tariffs hold, expect tighter housing supply, pricier new builds, and a whole lot of market uncertainty.
đQuote of the Day:
"A river cuts through rock not because of its power, but because of its persistence." â Jim Watkins
⥠Quick Win:
Create a âComing Soonâ Teaser Post: Use Canva to whip up a teaser image for an upcoming listing. A simple âSomething amazing is hitting the market soonâstay tuned!â builds buzz and curiosity on social media.
đ Fun Fact of the Day:
The U.S. Had a Plan to Sell Alaska Back â Back in the 1920s, some U.S. officials actually floated the idea of selling Alaska to Canada. Imagine how that real estate deal wouldâve played out today.
đ Book Recommendation:
"The Obstacle Is the Way: The Timeless Art of Turning Trials into Triumph" by Ryan HolidayâAlright, letâs talk about a book that basically hands you the cheat code for life. You ever feel like the universe is throwing nothing but brick walls in your path? Holiday says, âGood. Thatâs the game.â
This book takes ancient Stoic philosophy and applies it to modern success. The gist? The thing blocking your way IS the way forward. Instead of whining about problems, you flip them into opportunities. Lost a deal? Learn from it. Marketâs slow? Time to sharpen your skills. That annoying client? A masterclass in patience.
Itâs basically a mental reprogramming for high performersâelite athletes, CEOs, and, yes, real estate agents who want to dominate their market without losing their minds. Read this, and youâll stop seeing problems as stop signs and start treating them like stepping stones.
TL;DR: If lifeâs throwing punches, this book teaches you how to bob, weave, and hit back harder. đ„
The agent who stays consistent outlasts the one who waits for perfect conditions.
What did you think of todayâs edition?
Hit âreplyâ to this email and let us know!
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