Trevor Hughes
๐ค SpeakerAppearances Over Time
Podcast Appearances
Well, it was fascinating in my conversations, you know, and our conversations were supposed to be focused on the economy.
But what we really found was that, you know, how you see the country and how you see the economy is very much based on whether or not you support President Trump.
I didn't find a lot of folks who supported the president who criticized him.
They tended to say that what he's doing is what he was elected to do.
And they're very pleased to see it.
And then, of course, you have many, many liberals who are incredibly upset and say, you know, this is exactly what we warned was going to happen.
And they're horrified.
What she said and what we heard over and over from a lot of people is that those people who have homes who refinanced during the pandemic, you know, they're sitting at 3% in their mortgage, which is a great rate, right?
But it means you can't afford to upgrade.
And that's what she saw.
You know, there's a lot of folks who are sort of stuck in their houses.
And so there's this strange pent up demand for people who would love to move, but just feel like they have these golden handcuffs in their existing houses.
And of course, those people who don't own homes yet, for them, the barrier to entry is still significantly high when you're looking at a mortgage rate of 6%, especially in an economy where it's hard to get together a bunch of money for a down payment.
You know, this realtor we talked to, she was telling us that things are sort of slow and she's hoping that they get better.
But, you know, she's had to cut back on her marketing materials because she's a realtor who's been impacted by tariffs.
She's reduced the frequency of the newsletter she sends out because the price of stamps has gone up.
So the economy really runs her center through so many Americans' concerns right now.
And, you know, in the housing market is chief among them.
I've been covering this part of Colorado for many, many years.