Karen Lux
ABR, GRI, CRS
Realty Executives of Kansas City
From a real estate broker in Missouri:
Eureka, Missouri
Similarly, Chuck Maher, Broker/Owner of Realty Executives Premier, doesn’t expect a big upset:
“Our market is very strong currently, and interest rates are at record lows. I don’t feel that there will be an impact on the market in our area based on the election results.”
From President and CEO in Arizona:
Jeff Murtaugh, President and CEO of Realty Executives Phoenix, Tucson, Yuma, Green Valley and Tubac, is concerned about legislation that directly affects the real estate industry on a national scale:
“The Dodd-Frank Act has changed the way we do real estate, and frankly made it far more complicated, extending closing by as much as two weeks, leaving the consumer very frustrated. This is just more government regulation that we did not need.”
“Clinton is for Dodd-Frank and Trump is not. The act complicates closing, title, and mortgages, and most REALTORS® find it over-reaching by the Federal government.”
During his campaign Trump voiced plans to overhaul the act, telling Reuters that his changes would be, “close to dismantling of Dodd-Frank.”
Just wanted to add some type of information regarding the recent election results and the real estate market. Feel free to read through this article from Mansion Global:
