📊🏡 How do presidential elections impact the housing market? Let’s break it down:
By Christophe Choo Posted Aug 06, 2024 Latest Updates, Market Activity, Real Estate Advice for Buyers & Sellers, Real Estate Articles, Real Estate News, Videos
📊🏡 How do presidential elections impact the housing market? Let's break it down:
1️⃣ Home sales increased after 9 of the last 11 presidential elections.
2️⃣ Mortgage rates decreased leading up to 8 of the last presidential elections.
3️⃣ Home prices rose after 7 of the last 8 presidential elections.
📈 Data shows presidential elections have a small and temporary impact on the housing market. Now is a great time to make your move! If you have questions about what this means for you, let’s connect. 📞
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