What Kind of Impact Will President Trump have on the Real Estate Market?
With the election finally behind us, you’re probably wondering What does President Trump mean for the real estate market?” Will he use real estate to kickstart the economy? According to an article by Inman News this week, “Trump has used real estate himself as an investment, and although he hasn’t said much about his housing platform, what he has said indicates that he’s interested in boosting homeownership. Much of Trump’s platform has centered around deregulating the financial market in order to more fully revive it, and that alone could also give a boost to real estate.” Click here to read the full article. It talks about 8 ways our new commander-in-chief could affect homeownership for the next four years. In our local market, residential sales are up 4% over last year for Garland County. Below is an overview of this year’s sales compared to this same time period year-over-year. Average Days on Market 1/1/15 – 10/31/15: 173 1/1/16 – 10/31/16: 158 Number of