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Mortgage-Housing and Real Estate News for Thursday January 23rd 2025
Mortgage-Housing and Real Estate News for Thursday January 23rd 2025: Mortgage-Housing and Real Estate News for Thursday January 23rd 2025: Mortgage-Housing and Real Estate News for Thursday January 23rd, 2025:
How Trump’s Policies Immediately Affected Real Estate & Mortgages
GCA FORUMS NEWS UPDATE for Thursday January 23rd 2025 on the Daily Mortgage, Housing, and Real Estate News for our viewers and members of our online community: Great Content Authority Forums Mortgage and Housing News: Daily National Comprehensive Overview of Mortgage and Real Estate News with special emphasis on business news, interest rates, forecast of mortgage rates, housing forecasts, new construction data, how builders forecast housing market, states with mass exodus of residents and businesses, consumer confidence, auto market and auto financing, auto repossession rates, consumer price index, employment numbers and job forecast, national economy, bankruptcy, foreclosure, and investment news. Seems Donald Trump is acting fast with pardons, executive orders, turning Tik-Tok back on, and suspending top secret clearances for those who betrayed the U.S. Constitution. What benefit has President Trump done to the Real Estate and Mortgage sector? Will Trump do something with promoting housing market and lowering mortgage rates? Viewers and members of GCA FORUMS NEWS are welcomed to view and participate on GCA FORUMS NEWS National Daily News Summary and participate asking questions and volunteer news information that may interest viewers for Thursday January 23rd, 2025.
Mortgage, Housing, and Real Estate News for Thursday, January 23, 2025
With the recent actions taken by President Donald Trump, executive orders are bound to affect the mortgage, housing, and real estate industries. Here’s a glimpse of what is happening at the moment:
Effects of the Executive Order on DEI Programs on Housing and Mortgages
DEI Programs Dissolution:
- President Trump has ordered the end of federal diversity, equity, and inclusion programs.
- This is a huge move in the housing sector, as there is equity of access to getting a house or a mortgage.
- All DEI-funded related staff have also been placed on immediate leave.
Suspending Clean Energy Loan Initiatives:
- The government has shut off $300 billion in clean energy loans that will halt many renewable energy projects.
- This could further affect decades economically on real estate spending that uses easy renewable energy sustenance.
Mortgage Rates and Housing Market Trends
Mortgage Rates:
- In 2025, Donald Trump’s campaign forecast of mortgage rates dropping to 3% will be extremely inaccurate as they haven’t shown any signs of changing.
- Policies like tariffs and tax cuts tend to increase rates and lower the value of infrastructure.
Housing Starts:
- There was a rise in US single-family mortgages during December, marking a decade-high.
- Unfortunately, this shows a rise in the housing window, but the dipping rates of mortgages combined with the oversupply of homes tend to stifle that growth.
- Videos claiming that Fannie Mae and Freddie Mac will be privatized have resurfaced, with investors buying into the claim.
- As a result, it is possible that mortgage rates will rise, affecting homebuyers’ affordability.
Industrial Related Changes
Changes in the Barron:
- The government has appointed a few trusted people in the real estate industry.
- This move suggests a strong policy change in housing and development will follow.
- As I previously mentioned, Barron Trump, President Trump’s youngest son, plans to start his own real estate company in the luxury sector, which will continue to bring in the family.
Expect Trump’s tariffs and trade policies to impact the mortgage, housing, and real estate markets highly. The initiatives can stimulate some sectors, but challenges will arise in other aspects, like setting mortgage rates and housing prices. It is advisable for everyone on the field to keep a close eye on and be vigilant about the changes.
GCA Forums News Update: Mortgage, Housing, and Real Estate News
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4 Replies
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Barron Trump to start his own real estate company in the luxury sector. Barron Trump, Donald Trump’s 18-year-old son, is preparing to launch a new venture named Trump, Fulcher & Roxburgh Capital Inc., specializing in luxury investments.
The firm was originally started in Wyoming in July ‘24 but dissolved in November ‘24 to dodge the media’s focus during the presidential elections. The firm is set to headquarters in New York City or Boston and is projected to open in the spring of ‘25. The new plans include targeting premium-level real estate developments like golf courses and large land investments in Utah, Arizona, and Idaho.
Barron works with Cameron Roxburgh, his high school classmate, and Carter Fulcher, a partner in a luxury real estate firm in Idaho. He has also been in touch with President Trump, who has given him some private advice but has not given the Trump Organization backing. While studying, Barron is also looking to pursue his entrepreneurial interests, including setting up a startup at the Stern School of Business at New York University.
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Here is what I have been able to piece together regarding Barron Trump and his intention to launch a real estate development company on his own:
- Barron Trump’s Real Estate Venture: Trump, Fulcher & Roxburgh Capital Inc.
- Summary: The company’s official name is Trump, Fulcher & Roxburgh Capital Inc.
- Type of Business: Development of high-end luxury properties.
- Estimated launch date: The firm is expected to start operations by spring 2025.
- Location: New York City or Boston.
Company History
Former Company:
- The firm was incorporated in Wyoming in July 2024 but was liquidated in November 2024.
- The primary purpose of this dissolution was to avoid scrutiny during the presidential elections.
Specialization:
The new focus will be on premium-level real estate developments, which will feature:
- Construction of golf courses
- Development of significant land holdings
Focus Areas
Barron’s company has earmarked the following states for their development initiatives:
- Utah
- Arizona
- Idaho
These states are known for their natural beauty and emerging luxury real estate developments.
Management
- Cameron Roxburgh: Barron Trump’s high school classmate who will most likely help develop the company’s vision and strategy.
- Carter Fulcher: Partner in a luxury real estate company in Idaho who will lend the company experience and valuable contacts.
Parental Supervision
Donald Trump’s Contribution: Though Barron sought guidance from Donald, the former President has not offered any form of support from the Trump Organization. This demonstrates a hope that Barron would like to make a name for himself in the business arena.
Barron Trump has fully committed himself to the world of real estate. He started by developing a real estate project worth $50 billion in New York City. He has set plans to aid educated youth entrepreneurs and invest in multi-faceted ventures while managing his academics. The decision to remove the company was made to avoid publicity, which shows incredible foresight concerning the issue of the Barron brand. It’s the publicity, or rather the absence of it, that people are curious about. It will be an anxious moment to observe Barron brand himself and his company in the real estate sector.
Education and Career Plans
Educational Qualifications:
Barron is continuing his schooling and plans to attend the Stern School of Business at NYU to strengthen his passion for entrepreneurship further. This will cement his commitment to pursuing a career in his chosen field.
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Mortgage Loan Applications were down 64%. You need $104,000 salary to be able to afford an average house. Mortgage Rates are available two year high. Mortgage Rates are over 7%. Foreclosures are skyrocketing at an alarming rates.
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This year, we will see a lot of volatility in the housing market. More so like the volatility that happened in the early 1980s. There’s a lot of housing inventory as well as inventory carryover.