4 Reasons Why The Election Won’t Dampen the Housing Market

Real Estate Agent with Diamond Partners Inc 00244377

There's so much anxiety today about the election. I can feel it. Can you? Well, I did my part and voted, and I even encouraged the younger generation of the family to vote. With so much uncertainty about the future of the country, I am encouraged about what was discussed in our office meeting today and I just couldn't wait to ease some anxiety by sharing what the real estate professionals speculate about the future of the housing market. 

1. Demand Is Strong among Millennials – they are the driving force of the strong housing recovery.


2. Mortgage Rates Are Historically Low – Expected to continue to be low and help drive the market.


3. Prices Continue to Appreciate – Lack of supply is creating home values to increase.


4. History is expected to repeat itself!  The month of November is usually slower but the year after the presidential election is usually the best of the four year cycle suggesting that the demand for new housing gets pushed out to the following year.  As long as the economy stays on track and the coronavirus gets under control economists expect the strong housing momentum to continue for the months to come.   

Hope you feel some relief from this to help get you through the day! God bless America!

Posted by



Carol Culkin - Licensed Real Estate Salesperson for ReeceNichols Real Estate, is your source for real estate in Overland Park and the bordering cities of Leawood, Olathe, Mission, Miriam, Lenexa and Shawnee, Stillwell and Spring Hill. Carol has been ranked as an award winning agent and offers her clients over 10 years of real estate experience.


Member of National Associations of Realtors®, Member of Kansas Associations of Realtors®, Member of Kansas City Regional Associations of Realtors®, Member of Heartland Multiple Listing Services, Accredited Buyer's Representative (ABR), Seniors Real Estate Specialist (SRES), Red Cross Volunteer - Greater Kansas City Chapter, Supportor of Cross-Lines Community Outreach.


ReeceNichols Real Estate

8001 College Blvd Suiite 100

Overland Park, KS 66210

Office: (913) 451-4415
Cell: (913) 333-8310



Comments (2)

Rocky Dickerson
Realty One Group - Las Vegas, NV
Superior Service!

I agree Carol Culkin, ReeceNichols it appears we still have a strong market in the near future.

Nov 03, 2020 02:48 PM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Carol, it will be nice to get the results of the election, and move on.  It does add too much stress.

Nov 03, 2020 02:53 PM