Yes, and no. The biggest immediate factor in lowering the cost of housing is mortgage rates. These executive orders aim to reduce regulatory burdens (that can account for 25% of new construction) & expand the housing supply.
IF construction costs decrease, I don’t anticipate for-profit builders saying, “Here you go, we’ll sell you this brand-new house for 25% less than the ones we sold down the street last year.” However, in recent years, we’ve seen builders offer mortgage rate buy-downs—a savvy, mutually beneficial way to reduce costs for consumers while maintaining their profit margins.
IF regulatory burdens are reduced and builders can construct homes more quickly, the resulting increase in supply could help balance demand and stabilize pricing.
That being said, there are very few new construction communities in North County San Diego, as most available land has already been developed. These changes won’t significantly impact lowering costs in the resale market. Ultimately, the only way that could happen is if inflation is controlled and mortgage rates decrease.
On the flip side, IF proposed tariffs, such as those suggested by Trump, are implemented, they could contribute to inflation, which historically tends to drive mortgage rates higher.
Interesting observation: The number of extra bedrooms—defined as bedrooms exceeding the number of people in a home, even accounting for one as an office—is at its highest level since the U.S. Census began tracking it in 1970.
Meanwhile, household size has dropped from 3.1 people per household in 1970 to a record low of 2.5 in 2023. We’re building bigger homes, but fewer people are living in them. Hmm...
1 Tip or Thought
How A Home Gets Marketed and How You Can Find the Right Agent Anywhere
My client asked me, “When you list my home this weekend, will it show up on major sites like Zillow, Realtor.com, Homes.com, and others?” The answer is yes—thanks to the MLS (Multiple Listing Service).
Here’s how it works:
When your home is listed, the MLS stores all the listing details. With your consent (you can opt-out, though it’s not recommended), third-party sites like Zillow and Realtor.com pull this data from the MLS, display it in their own format, and attract potential buyers. These sites then generate leads, which they sell to real estate agents.
But here’s something you might not know:
While these sites are helpful, they are not the only or even the best way to connect with a trustworthy agent.
Have you ever noticed homes that go into escrow just one day after being listed, leaving you no chance to tour them?
Chances are, those homes were sold off-market. This happens every single week.
That’s why it’s crucial to work with a local expert who’s deeply connected to the market you’re searching in—someone who can give YOU access to opportunities beyond what you see on Zillow.
If you're buying or selling—whether locally or out of state—I can either connect you with a verified, reliable agent from my professional network or assist you myself.
