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How Do Presidential Elections Impact the Housing Market?

By
Real Estate Agent with PHP Houses SL3302417

Are you wondering if the upcoming election will have an impact on the housing market? Here’s what history tells us you need to know if you’re considering a move. Data shows home sales slow in November but quickly bounce back and rise the following year. Prices usually keep climbing. And mortgage rates typically come down slightly. Presidential elections have only a small and temporary impact on the housing market.

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The information contained, and the opinions expressed, in this article are not intended to be construed as investment advice. The author does not guarantee or warrant the accuracy or completeness of the information or opinions contained herein. Nothing herein should be construed as investment advice. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision. The author will not be liable for any loss or damage caused by your reliance on the information or opinions contained herein.

Comments(2)

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George Souto
George Souto NMLS #65149 - Middletown, CT
Your Connecticut Mortgage Expert

Walter DiLoreto that does not surprise me.  What concerns me is the impact Presidents have during their time in office.

Jul 12, 2024 11:09 AM
Lew Corcoran
Better Living Real Estate, LLC - East Bridgewater, MA
Expert guidance. Exceptional results.

Thank you, Walter, for sharing your informative post and providing valuable insights on how presidential elections can affect the housing market, and reassuring us that the impact is usually small and temporary!

Jul 13, 2024 12:55 PM