November 22, 2024 9:53 am
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A look at the housing market one year after Trump election

High-end housing

High-end housingCNBC via Builder

By After the election, home builders, on the whole, were happy with Donald Trump entering the White House, anticipating big deregulation in their sector. But, as CNBC staffer Diana Olick reports, that has yet to happen, “and now builders are fighting the Trump administration over its proposed tax plan, which cuts popular deductions for homeownership.”

Home prices have continued to rise and supply has stayed low, making it difficult for first-time buyers to enter the market. Plus, existing home sales have dropped in recent month and single-family home construction still significantly lags demand.

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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.