Elections and Real Estate

It has not seen much of the spot light yet, but perhaps that is changing.
Real estate and the individual presidential hopefuls’ feelings on home ownership will surely be one of the many issues the public will need to base their final decision on. It is predicted that middle-aged women without a college degree are the key demographic that will cause waves when election time comes. One core value to these women as well as the rest of Americans—home ownership. In fact, ¾ of voters see owing a home as being a keystone to achieving the American Dream.

No politician wants to get on the wrong side of this rather centrist issue. The current president’s term has seen mortgage modifications, standards, and incentives totaling close to 5 million modifications in all. Furthermore, the last few years have seen a push towards refinancing, and much more. It has not been a passive term. So if indicators are correct, it will be interesting to see how the HOME OWNER will vote this upcoming November. 

WHAT ARE YOUR THOUGHTS? 

Source http://realtormag.realtor.org/daily-news/2012/05/15/home-ownership-key-elections-national-strategists-say