Hey there, Cheyenne homeowners, buyers, and investors! With President Trump in office, everyone’s asking: What’s this mean for real estate? Here’s my take on how Trump’s second term might shake up the 2025 market, based on his campaign promises, past policies, and what experts are saying. Spoiler: It’s a mixed bag—opportunity with a side of uncertainty.
Tax Cuts: More Cash, More Deals?
Trump’s first term brought the Tax Cuts and Jobs Act (2017)—lower corporate rates, doubled standard deductions, and capped SALT (state and local tax) write-offs. For 2025, he’s pledging more of the same: pro-business tax breaks and possibly permanent mortgage interest deductions. What’s this mean for you?
- Buyers: Extra disposable income could boost your budget—maybe that $240,000 fixer-upper on College Dr. becomes doable. Realtor.com predicts a 3.7% home price bump in 2025, but tax savings might soften the sting.
Deregulation: Build Faster, Sell Cheaper?
Trump’s all about slashing red tape—think fewer zoning headaches and quicker permits. He’s floated cutting homebuilding regs (adding $90,000+ to new homes) and opening federal land for construction.
- Sellers: More inventory—Realtor.com sees 11.7% more existing homes and 13.8% new starts—could balance our 3.7-month supply (2024) to 4.1 months (2025). Less competition, easier sales.
- Builders: My 0.66-acre Pershing lot? Faster approvals mean Cheba Hut’s neighbors pop up sooner—synergy city.
- WY Boost: Federal land’s big out West—think Laramie County ranches turning subdivisions.
Catch: Tariffs (25% on Canada/Mexico, 10% on China) could hike lumber costs—which ultimately hike insurance premiums. Construction might slow if prices spike.
Mortgage Rates: Steady or Sneaky Rise?
Trump’s promised 3% mortgage rates, but experts aren’t buying it—presidents don’t control the Fed. Realtor.com forecasts 6.3% average rates in 2025 (down from 6.7% in 2024), while CBS News pegs 6%-7%.
- Buyers: 6.3% on a $250,000 Cheyenne home = $1,665/month—$100 less than 6.7% ($1,765). Not 3%, but not bad.
- Sellers: Lower rates might unlock “lock-in” homeowners (90% under 6%, per Redfin)
- My Take: Inflation’s the wildcard—tariffs and deportation plans (largest in history, Trump says) could push rates to 7% (Yun, NAR).
Housing Supply: Immigration Twist
Trump’s mass deportation pledge targets construction labor—31% of tradesmen are immigrants (NAHB, 2022). Fewer workers = slower builds.
- Impact: Pershing Marketplace stalls if crews shrink.
- Flip Side: Less demand from population dips (U.S. fertility 1.67, below 2.1)—Goldman Sachs still sees 4.4% price growth.
- WY Lens: Cheyenne’s growth (65K pop) leans on workers—fewer could mean $260,000 homes, not $240,000.
Bonus Depreciation
We’re scheduled to phase down to 40% in 2025 and 20% in 2026 before fading out completely. Could Trump restore bonus depreciation to 100%?
What’s It Mean for Investors?
- Buyers: Lock in 6%-6.5% rates early—$1,500 closing gifts (my tradition) stretch further with tax cuts. Watch Pershing Marketplace—new builds could drop prices 5%.
- Sellers: List now—4.1 months’ supply by late 2025 means more buyers before inventory floods.
- Investors: Snag lots like Pershing’s 0.66 acres—5% land contracts (seller’s offer) beat bank rates.
The Bottom Line
Trump’s 2025 could be a rocket boost—tax cuts and deregulation might spark a Cheyenne boom, like Pershing Marketplace thriving with Cheba Hut and Dazbog Coffee. But tariffs and labor shakes could stall us—think $100 meals turning $150. I’m betting on a balanced market (first since 2016, Realtor.com says)—more homes, steady rates, and WY’s tax edge. Got a property in mind? Let’s chat—mariah@propertyex.com—I’ll bring the coffee (or a $100 dinner if we close!).
Disclaimer: Not a financial adviser—consult one for big moves.