12 Nov 2024 09:00

283 - How Trump Re-Election Will Affect Housing Market

Worried the election results might derail your dreams of homeownership? David cuts through the political noise and fear-mongering headlines to reveal what Trump's policies could actually mean for first-time homebuyers, while sharing a surprising stat: 45% of recent buyers secured mortgage rates below 5% despite the high-rate environment.

Quote:

"Don't let the election with a hope for lower rates control your starting point to begin your planning. Don't wait for the solution to come to you and then start your strategy."

Highlights:

  • Could mortgage rates really hit 8% under Trump 2.0, or is this just another clickbait headline?
  • What if Trump's immigration policies actually made the housing shortage worse instead of better?
  • Is the real solution to housing affordability hiding in the fate of Fannie Mae and Freddie Mac?
  • How did 45% of recent homebuyers score mortgage rates under 5% in this high-rate market?
  • Why might waiting until "after the election" for better housing conditions be the worst strategy?
  • Could Trump's economic policies actually make housing less affordable for first-time buyers?

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David Sidoni, the "How to Buy a Home Guy," is a seasoned real estate professional and consumer advocate with over 18 years of experience helping first-time homebuyers navigate the real estate market. His podcast, "How to Buy a Home," is a trusted resource for anyone looking to buy their first home. It offers expert advice, actionable tips, and inspiring stories from real first-time homebuyers. With a focus on making the home-buying process accessible and understandable, David breaks down complex topics into easy-to-follow steps, covering everything from budgeting and financing to finding the right home and making an offer.

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