How Do Presidential Elections Impact the Housing Market?
Some Highlights
- 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. If you have questions, connect with a real estate agent.