Federal Reserve officials express growing concerns that new tariffs may elevate inflation risks.
The unpredictable implementation of tariffs could disrupt supply chains and raise consumer prices.
Vacation rentals may face new taxes as Washington state lawmakers eye housing fix
Lawmakers in Washington state have advanced a bill to impose a 4% tax on short-term rentals like Airbnb, potentially doubling the current 2% excise tax municipalities can levy. Supporters argue it will help address housing shortages, while critics fear it may push tourists to hotels. The bill aims to generate around $21 million annually to fund affordable housing and services amid a significant housing crisis. If passed, local governments could implement the tax starting in April 2026.
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Washington: America’s 8th Most Expensive State to Live
Washington is the eighth-most expensive US state, with a cost of living index of 115.10.
The avg annual expenditure is ~$42K, significantly above the national avg.
Why Mortgage Rates Above 6% Are Here to Stay
Tariff announcements triggered bond sell-offs, pushing yields higher and raising 30-year fixed mortgage rates above 7%.
Despite some Fed rate cuts, experts expect mortgage rates to hover around 6.5% through 2025.
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No Fed Rate Cuts May Trigger Bear Market
Mortgage rates may remain high, limiting home affordability through 2025.
Buyer confidence could decline, potentially reducing housing demand.
Property Type: Commercial, described as exceptional office and retail spaces.
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Will Slow Construction Stabilize Office Vacancy Rates?
The shift to remote work has reduced demand for traditional office space, impacting construction trends.
U.S. office construction has dropped 48%, with 51M sq-ft under development in 2025.
