A Housing Pullback In 2017?

According to data compiled by the Federal Reserve Bank of New York, the 10-year term premium moved above zero for the first time in 10 months on the 14th of November, less than a week after Mr. Trump’s surprise Electoral College win. This means investors were quickly being forced to pay significantly more for a risk-free Treasury note than would at the time have been expected given prevailing expectations on both inflation and real interest rates – all within days of the election.

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Previous Local Homebuilding Successes Defy Critics
Next Report Finds Homeownership in California Lowest Since 1940s

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Michael Anderson
Michael Anderson 249 posts

Over the course of his 30-year career, Michael Anderson has worked in the residential development industry in the Pacific Northwest, Northern California and Southern California. He has acquired residential land in excess of $300M for both land development and homebuilding entities and has overseen the construction of approximately 2500 homes. Currently, in semi-retirement, and based out of Newport Beach, CA, Michael continues to invest in and stay abreast of the land markets.

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