Creating Wealth Real Estate Investing with Jason Hartman CW 752 - Daren Blomquist - Trump & Real Estate Investors, RealtyTrac ATTOM Data, Housing News Report
Daren Blomquist is a Senior VP at ATTOM Data Solutions and the Executive Editor of ATTOM's award-winning Housing News Report. This is Daren's second visit to the Creating Wealth podcast. He joins Jason to discuss the new President-Elect, Donald Trump, what Trump's future presidency will mean for real estate investors, the economy and the regulatory issue's which bogg the current market.
Key Takeaways:[1:43] What does a Trump presidency mean for real estate investors and the US economy?
[5:55] The wage problem is causing affordability issues.
[8:46] In the real estate market lower interest rates create a bubble. .
[11:33] The rising house prices are unsustainable and home ownership rates are at 50-year lows.
[15:43] Wouldn't it be nice if Trump repealed Dodd-Frank?
[19:11] ATTOM's Housing News Report article reveals big banks are leaving the mortgage business.
[20:16] October 2016 shows a month-over-month increase in foreclosure activity.
[24:29] Trump's promise to invest in the infrastructure in rust belt cities will benefit real estate investors.
[25:36] Creating Wealth listeners get the award winning Housing News Report free for one year if they email marketing@attomdata.com
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