In the News | National Mortgage News
Latest tariff threat adds to 2025 homebuilder pain
Feb. 11, 2025 · Authored by Brian J. Kassalen, Brent W. Maier
The newly announced 25% tariff on aluminum and steel imports, set to take effect on March 12, is expected to drive up costs and add uncertainty for homebuilders and developers. Baker Tilly’s Brian Kassalen and Brent Maier told National Mortgage News that larger-scale projects relying on steel framing could see increased price volatility, while construction managers may rush material deliveries to avoid cost spikes, creating a ripple effect across the industry.
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