Trump's Return Could RESHAPE The Housing Market

With TRUMP becoming our 47th President, here are My Thoughts on how this will impact inventory, buyer demand and ultimately the housing market. In this video, we discuss Trumps previous policies and how those policies could lay the ground work for his plan going forward.

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Jeb Smith (huntington beach Realtor/orange county real estate)
DRE 01407449
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#housingmarket #firsttimehomebuyer #realestate

[floydchusset]

Tired of them propping up the property bubbles. Make housing affordable again. It's not a crisis to have too much supply to allow people to buy them cheaper. I'll buy something there if the price is right. Tired of these ridiculous $400K+ prices for houses.

[LeskyAM]

Summarizing: no one knows what the hell is going to happen.😂😂😂

[jessicasquire]

It's time to acknowledge that a return to 3% mortgage rates may be unrealistic. If homeowners are forced to sell, we will likely see a drop in home prices, leading to lower property valuations. I know I'm not the only one who shares this outlook_

[JefferyDuns]

It is difficult to make exact projections for the housing market as it is still unclear how quickly or to what degree the Federal Reserve will reduce inflation and borrowing costs without having a substantial negative impact on demand from consumers for anything from houses to cars.

[PaulLee]

Jeb, I was expecting a one-sided argument on how everything would be rosy in the housing market with Trump becoming the 47th president. I'm thoroughly impressed you dissected everything and looked at the facts.

[daltonvanhorn]

the Hospitality, agriculture and construction industries cannot survive without immigrants, add the tariffs and we're in trouble..
also keep in mind when you say that Trump is "a business man: "that Trump's CV has no less than 18 business failures.
Let's hope the US is not next

[_Renee]

Jeb, I appreciate your input. Time will tell.

[jDvon]

Hey Jeb,

I live in the Mid South, i noticed that there is a lot of vacancy within neighborhoods of Cities and small towns.

There's a lot off space for infill, development, clean slates.

There are vacancies of homes, vacancies in the high rises, vacancies of apartments.

Basically there are many neighborhoods and towns that would love to see investments.

Why focus on federal lands? That sounds like a benefit for big money, not the average america.

[terrellmiller]

Funny...my taxes went UP after the 2017 cuts...I was already itemizing more than the std ded so that had zero impact, but the personal exemption went away and straight to my taxable income...

[christine]

Lower taxes will only really benefit rich people not the average person so that doesn’t help anyone but rich people. Everything you talk about leads to corporate ownership of housing - it doesn’t help most people.

[lizard_king_ant]

I’m 31 and just bought our first house last year at 6.99.. Hoping to turn it around and refinance soon to help out with the new baby! Thanks for your info!

[beefy]

From the research i have done most federal land is inhabitable. For the most parts they are really far from cities, are in wildfire zones, flood zones or have very little water resources such as lakes. The lands are rough terrain and contain wildlife that will he completely decimated. I do think there is way too much red tape when it comes to building but safety needs to be priority. The red tape i have issues with is zoning and structural styling of buildings. One area i hope to see changes with is ADUs. I have a large enough backyard where i should be able to fit a prefabricated ADU but the city told me no because it doesn’t match the style of homes around me. My fear is if interest rates lower at too fast of a pace it will negatively affect the market and cause housing prices to skyrocket and then there will be an over correction with interest rates going back up while housing costs take even longer to drop back down. I also fear the financial institutions will have less government oversight and do shady nefarious activities to screw over the uneducated potential home buyer.

So to sum up my rant, short sighted success will lead to long term failure.

[greg]

Theres so much work in this country today its just ridiculous
Remember when they said there was a shortage of worker's a few yrs back
No there was a shortage of pay lol

[chaoswarrior]

Thank you for your input as a real estate professional. Some people here think one can only talk about the economy if you are an economist or on Wall Street. The economy obviously impacts all professions and listening to different opinions from different people can give us a better picture of what may come in the near future. I hope to buy a house 3 or 4 years from now, so I’m interested in this topic since it will affect me when the time comes to buy a house. Sorry for the light rant. I just hate that the same people who are always going on about free speech on the internet are the same people that will troll and bully you when they disagree with you. That’s social media for you I guess.

[George-hlxm]

Builders are passing on cost because they can get away with it

[nrbaknrbak]

Manipulating the housing market can have significant consequences . We like to poke the capitalistic market and then we cry when the monster bite us. We haven't learn from reducing rates artificially. Instant gratification is always a tradeoff with long time dissatisfaction. Economy 101 let the markets adjust themselves. God Bless America a manipulated capital society.

[LynnCastaneros]

We'll just have to wait and see what happens, but I believe this will be beneficial for first-time homebuyers. Finally, they'll have the opportunity to own their homes. It could also help prevent investors from hoarding properties and charging exorbitant rents, which would create a more balanced housing market.

[BenjaminNabati]

Removing restrictions on federal land will make VERY little difference in making building more attractive or feasible. Basically, that's not the problem. There's already plenty of buildable land in the U.S. with power and even city water/sewer. What there's NOT plenty of is builders willing to foot the already high building labor & material costs in a such a risky environment with such few regular non-institutional homebuyers, plenty of Wall Street buyers, high food/housing inflation endangering down payments, high interest rates disqualifying many would-be mortgage applicants where mortgage lenders are required by law to properly qualify borrowers, with the impending risk of 60-100% tariffs on Chinese & Mexican goods (much of which are needed for constructing new houses) under Trump & the risk of mass deportations shrinking the construction labor force plus two wars that adversely impact the integrity of the worldwide supply-chain. It's just too much risk & adverse economics for build-to-sell constructors to absorb. Build-to-rent builders, on the other hand, would do well to build modest houses to rent out, since high rates will keep the tenant queue eternally long.

[LiBingBong]

under Orange criminal my apartment rent went up 33% in 2018 when I renewed my lease

[wordtruth]

I think you forgot policy impact on 10 year yield on treasuries which directly impacts the mortgage rates.