May 7, 2024 11:26 am
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Valley real estate analyst Belfiore weighs in on president’s housing speech

Jim Belfiore
Jim Belfiore

By Natalie Brand | 3TV

3TV watched President Obama’s speech in Phoenix with Valley real estate analyst Jim Belfiore.

In the president’s five-point plan, Belfiore said lending was the No. 1 issue that jumped out at him.

“We should simplify overlapping regulations and cut red tape for responsible families who want to get a mortgage but who keep getting rejected by banks,” Obama told the crowd at Desert Vista High School on Tuesday.

“The lending community does need to ease up on restrictions,” said Belfiore of Belfiore Real Estate Consulting.

Many analysts agree current standards are too strict.

Continued: 

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.