Santa Monica Monthly – April 2025

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New Tariffs Add Uncertainty to Housing Market

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Rising tariffs have sparked fresh concerns about the economy, leaving many wondering how mortgage rates might respond in the coming months.

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While the average 30-year fixed mortgage rate recently dipped to 6.6%, down from 6.82% a year ago, experts say the future is unclear. President Trump’s sweeping new tariffs on imports have injected volatility into financial markets, prompting some to speculate that borrowing costs could drop further.

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At the same time, construction costs may rise as roughly 7% of materials used in U.S. homebuilding come from abroad — many from China — now facing tariffs as high as 34%.

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Still, industry analysts warn that uncertainty surrounding economic policy and housing affordability may continue to challenge buyers this season.

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Food Obsession of the Month

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Pasta Primavera

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Nothing says “spring” quite like a bowl of pasta primavera. The name itself evokes the season’s freshest produce—zucchini, English peas, leeks, and peppers—all bursting with color and flavor. This dish lets each vegetable shine, offering a perfect balance of textures and aromas. Whether you're a vegetarian or simply a fan of hearty, veggie-packed pasta, this recipe is a satisfying way to welcome the season.

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Celebrate Pride With Us!

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The Regina Vannicola Real Estate Group is gearing up for our 3rd Annual Big Gay Bake Sale on June 14 2025 — so save the date! We’d love for you to be part of it!

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Last year, with the incredible support of our community, we raised over $4,000 for the Los Angeles LGBT Center. This year, we’re aiming even higher with a goal of $5,000 to support this vital organization.

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We’re inviting local businesses and bakeries to contribute by donating baked goods or funds to help us purchase them. In return, sponsors will receive recognition through social media features, mentions in our newsletters, and promotional materials for the event.

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Whether you’re a bakery, a business, or just someone who loves to give back, this is a sweet opportunity to support a great cause and connect with the vibrant Westside community. Event details are coming soon, but we can’t wait to bring everyone together for a fun-filled day of sweet treats and community support.

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If you’d like to make a donation, feel free to reach out directly to Sebastian Lorefice at sebastian@reginavannicola.com or just respond to this email.

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Let us know if you’d like to be involved — and stay tuned for updates! 🌈

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