W
ith Donald Trump's election as the 47th US president, American investors and real estate moguls are poised for a new era of growth. Isaac Toledano, President and founder of BH Group, believes that Trump's pro-business agenda will continue to drive investment in real estate. "This is great news," he said. "The momentum is about to shift significantly." Market futures soared following the election, with the Dow, S&P, and Nasdaq experiencing substantial gains. Bitcoin also surged, breaking through $70,000 and $75,000 barriers.

    Toledano expects a surge in billionaire activity, with many taking profits off the table and reinvesting in real estate. He predicts that the Federal Reserve will lower interest rates sooner rather than later, citing Trump's commitment to economic growth. "We're expecting a very busy season," he said. "The market has been waiting for change." Toledano believes that rates will decrease rapidly, with the Fed becoming more aggressive in its efforts.

    Toledano credits Trump's record in real estate development and his first-term economy as fueling optimism among industry colleagues. He notes that Trump is a developer himself, pushing for increased housing supply, and that his family is heavily invested in real estate. This, combined with their continued buying activity, sends a clear message that Trump is pro-real estate.

    In contrast to a potential Kamala Harris administration, which Toledano believes would have led to another population boom in Florida as Americans fled increasing taxes, he sees Trump's presidency as a boon for developers. "I don't think there's concern about the construction industry or materials," he said. "The demand is real, and growth is real." However, Toledano emphasizes that unity and respect among Americans are essential for true prosperity.