Creating Wealth Real Estate Investing With Jason Hartman

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 [15:43] Wouldn’t it be nice if Trump repealed Dodd-Frank?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