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Q&A: How Do Presidential Elections Impact the Housing Market?

By
Real Estate Agent with PHP Houses SL3302417

Even if you’re not looking to move right away, you may have questions about how the election will impact the housing market. When we look at historical trends, combined with what’s happening right now, we can find your answers. Based on historical data, mortgage rates decrease in the months before and home prices and sales increase the year after the election. The facts show Presidential elections only have 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.
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Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Walter, I think more first time home buyers are waiting to buy, more like 50%.  Make it a great weekend.

 

Nov 01, 2024 10:56 AM
Dennis Neal
Exp Realty of Southern California, Inc. - Big Bear Lake, CA
Your Home Sold in 21 Days or We Sell It For Free

Great insights, Walter! Understanding the historical trends of how presidential elections impact the housing market is crucial for buyers and sellers alike. As always, being informed helps navigate the ever-changing real estate landscape effectively!

Nov 01, 2024 11:08 AM