How Trump’s First Term Shaped the Housing Market
From 2016 to 2018, the housing market thrived, with 2018 marking a surge in first-time homebuyers. By 2019, inventory declined, setting the stage for skyrocketing prices in 2020 as COVID reshaped demand. Here’s how Trump’s first term and economic trends impacted the real estate market.
#donaldtrump #housingmarket #realestate
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Looking at how Donald Trump's previous term affected interest rates and the real estate market from 2016-2020, with a particular focus on mortgage rates and their impact. The federal reserve policies during this period created unique opportunities for the first time homebuyer segment, leading to significant market activity in 2018. Understanding these historical patterns helps provide context for today's market dynamics and what might lie ahead. 🏠📈