top of page

Deke's Investment Blog - November 21, 2016

The election of over and Donald Trump is President elect. What’s happening in the real estate market and stock market? In the 7 business days following the election some $44 billion has flowed into equity funds (ETFs) in the stock market. Much of these funds have come out of bonds and into equities. The S&P 500 is near its all time high. Apparently the presumption is that Trump will cut taxes, increase spending on military and infrastructure and ease regulations. The market sees these things as good for growth, but maybe also bringing higher inflation and higher interest rates. 30-year mortgage rates have jumped to 4%, up from 3.6% 3 weeks ago. Higher interest rates mean higher borrowing costs for everyone. Commercial real estate here in Los Angeles remains strong. Demand for rental housing exceeds supply. Rents are still rising.



0 views0 comments

Recent Posts

See All

R3 lot in North Hollywood. Architect says OK to build 15 1+1 units. Buyer to verify. Existing house is vacant. Property sold "as is". No existing entitlements.

We’re expecting to see a slight change in the market with interest rates jumping so high so quickly. Some buyers are being priced out of previously quoted loan amounts, and more sellers are dropping t

bottom of page