Items Tagged with 'home renovation'

ARTICLES

  • Tariffs boost housing renovation costs after Zillow and others go all-in on iBuying

    Costlier supplies will shrink “razor thin” margins as iBuyers move into new markets
    The United States and China are locked in a tit-for-tat trade war that will boost the price of materials that go into home renovation and construction. The higher costs come as iBuyers such as Zillow, Opendoor and Offerpad are expanding into new markets with plans for fixing up and reselling homes. "In iBuying, it's razor-thin margins anyway, so any sort of ripple in the pond has the potential to disrupt," said Mike DelPrete, a real estate strategist.
    Read More