On Jan. 20, 2025, President Trump signed the executive order “Delivering Emergency Price Relief for American Families,” making housing affordability an immediate administration focus (The Mortgage Reports, https://themortgagereports.com/117108/emergency-price-relief-affect-on-housing-market).
Regulatory requirements account for 25% of the cost of constructing a new home, a statistic cited to justify the administration’s deregulation agenda (The Mortgage Reports, https://themortgagereports.com/117108/emergency-price-relief-affect-on-housing-market).
The executive order sets a target of reducing housing prices by 40%, which equates to a $135,000 savings on a $300,000 home purchase (Make Florida Your Home, https://www.makefloridayourhome.com/florida/down-payment-assistance/what-is-trumps-emergency-executive-order-for-price-relief-on-housing).