Miami Mortgage News

64- Housing market could get a bump from Trump

April 4th, 2017 5:39 PM by Nour Ailan

Housing market could get a bump from Trump

Donald Trump was most famous for being a real estate developer before he became a reality TV star and then wound up Leader of the Free World. So it may not be a huge shock to find out that home builders have been on fire since he was inaugurated.
Pulte (PHM), DR Horton (DHI) and Lennar are all up more than 10% in the past two months and are among the top 25 stocks in the S&P 500 since President Trump took office.
Even though mortgage rates could climb if the economy continues to pick up steam (with or without a Trump stimulus package this year) and as the Federal Reserve hikes short-term interest rates, builders are confident more people will be buying homes.
Stuart Miller, the CEO of Lennar (LEN), said in the company's earnings release this week that there was an "improving macroeconomic environment following last year's election."
He pointed to "renewed optimism, wage and job growth, and consumer confidence." Miller added that "as a result, our homebuilding operations have gone from slow and steady to a faster than expected sales pace throughout our first quarter."
The hope is that the economy, which already had started to pick up some steam in the past year before Trump's victory, will continue to gain momentum.
If that happens, prospective homebuyers may not be scared off by higher rates because their wages are also going up.

Find your listing .. Visit Our Sites USA Lending And Realty .. and The World For Sale

Visit Our Site For “Your full service mortgage and loan pros” … USA Lending Inc

To Search in Arabic .. Please Visit Istithmar USA

To Search in Spanish … Please visit propiedad para laventa

Visit the Miami Bright Education Foundation pages and read About it and its articles ….

Contact Emile Ur-cousin Farah

phone: (305) 754-1000


For More information FOLLOW this steps :Investor-Commercial Users

Contact Nader Farah

Nader sells Miami

Nader is an expert

Nader Farah knows real estate

Nader knows more than anyone

Call Nader for all your real estate needs

Nader is the king of real estate

No one sells like Nader

Links For the world:


Employment Situation: Nonfarm Payrolls and Civilian Unemployment February 2017

Home of Late ESPN Host John Saunders on the Market for $2.85M

Green Lawns Falling Out of Favor? You’ll Never Guess the Top Landscaping Trends

Get the Look for Less: Tommy Hilfiger’s Magnificent Miami Mansion

From Janitor to Real Estate Mogul, Sean Conlon of ‘The Deed’ Shows How He Made It

Why a Loan for a Tiny Home Can Be a Great Big Pain

Ivanka Trump Gets in Parking Feud With Neighbors: Guess Who’s Right?

7 Wild Paint Jobs We Can’t Decide If We Love or Hate

Industrial Production and Capacity Utilization: January 2017

Retail Sales: January 2017



My Favorite Blogs:

Sites That Link to This Blog: