Realtor.com Senior Economist Joel Berner shared the following commentary on President Trump’s March 4, 2025 Joint Congressional address:
“President Donald Trump’s speech didn’t address housing affordability. Apart from a passing comment about how the DOGE efforts to reduce government waste will bring down mortgage rates, the speech made no mention of the inventory and affordability crisis facing prospective homeowners. Even when cutting regulations was the topic, there was no specific construction or land development callout. Building new homes had been a feature of the administration’s early agenda, so it was disappointing to find that missing. … Continue reading “Key Housing Takeaways from the Joint Congressional Address”