There is no doubt that President Trump’s first week in office has been full of activity that is drawing strong reactions both domestically and internationally. Of particular relevance to our industry is the Executive Order surrounding the US Immigration Policy and the recent travel ban put into effect. While not directly or immediately impacting our business, the U.S. real estate market is part of the global economy and any policies that affect international relations have the potential to disrupt our housing market.
Below are some articles discussing the potential global effects of President Trump’s travel ban.
NAHREP: Trump’s Immigration Policy Could Devastate the Housing Market
Biz News Index: Markets Roiled by Trump Travel Ban…and related stories
NJBIZ: NJ Business, Political Communities React with Concern to Immigration Ban