Marcus Hiles – Optimistic about the Real Estate Situation in the Unites States
marcus hiles, Real Estate

Marcus Hiles – Optimistic about the Real Estate Situation in the Unites States

There has been much deliberation about how President-elect Donald Trump will influence real estate policy matters when he takes on office in January. Numerous speculators are hopeful to have a businessman in the role of President of the United States, taking this as a chance to decrease a hefty portion of the regulations being levied on businesses. Indeed, even with his wide experience in real estate, Trump has been for the most part quiet about what his influence around there will be. As indicated by a current Forbes article written by Lawrence Yun, the Chief Economist of National Association of REALTORS, one of Trump’s greatest impacts on the property business could be change in some shape to the Dodd-Frank financial regulation. “A clear positive would be the lifting of compliance costs imposed on small-sized banks. Around 10,000 local and community banks have traditionally been the source of funding for construction and land development loans. With less regulatory burden, these small banks can make more loans and will boost home building activity – something that is needed in the current housing situation.” Marcus Hiles is optimistic about the real estate situation and has been banking on high growth areas

Read more: http://finance.yahoo.com/news/marcus-hiles-houstons-next-economic-100000476.html

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