How Do Presidential Elections Impact the Housing Market?
How Do Presidential Elections Impact the Housing Market?
Are you wondering if the upcoming election will impact the housing market? Here’s what history tells us. Data shows that home sales often slow in November but typically bounce back and rise the following year. Prices usually continue to climb, and mortgage rates often come down slightly.
Presidential elections have only a small and temporary impact on the housing market. If you have questions, let’s connect.
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