Trump Victory Could Ignite Massive Refinance Boom And Record Home Sales

New? Join our newsletter – no cost!

Trump Victory Could Ignite Massive Refinance Boom And Record Home Sales

• Some experts, like Marty Harlee of First Trust Financial, predict that a second Trump term could lead to lower interest rates, potentially sparking a refinance boom and record home sales. However, this could also drive up housing prices and reduce available supply.

• Dennis Shirshikov, a CUNY professor, suggests Trump's policies might emphasize deregulation and tax cuts, potentially stimulating economic growth and increasing disposable income. This could benefit the housing market by boosting demand, but may also lead to inflation and subsequent interest rate hikes.

• Trump's previous tenure was marked by significant market volatility, partly due to his unconventional approach to policy and communication. This unpredictability could create uncertainty in the housing market, potentially causing hesitation among buyers and investors.

NYSCRF commits $1.4bn to real estate and infrastructure funds link

• The New York State Common Retirement Fund (NYSCRF) has committed €420 million to Ares European Property Enhancement Fund IV and its co-investment vehicle, targeting value-add industrial and residential properties with a goal of 10-12% net returns.

• NYSCRF allocated €600 million to Copenhagen Infrastructure Fund V and its co-investment fund, demonstrating a strong commitment to infrastructure investments.

• The pension fund further expanded its infrastructure portfolio with a $300 million commitment to Stonepeak Infrastructure Fund V, bringing its total real estate and infrastructure commitments to $1.4 billion.