Do Elections Impact the Housing Market?

The 2024 Presidential election is just months away.

The 2024 Presidential election is just months away.
This past year, rising mortgage rates have slowed the red-hot housing market. Over the past nine months, we’ve seen fewer homes sold than the previous month as home price growth has slowed. All of this is due to the fact that the average 30-year fixed mortgage rate has doubled this year, severely limiting homebuying power…
Are you thinking of buying a home? Are you dreading having to walk through strangers’ houses? Are you concerned about getting the paperwork correct? Hiring a professional real estate agent can take away most of the challenges of buying. A great agent is always worth more than the commission they charge just like a great…
Some Highlights According to the latest data from CoreLogic, the average homeowner gained $64,000 in home equity over the past 12 months. That much equity can be a game-changer when you move. When you sell, it could be some (if not all) of what you need for a down payment on your next home. To…
The past few years have been challenging for homebuyers, especially with higher home prices and mortgage rates.
Market Stats for June 2017 – Broward County – Single Family Homes and Condominiums Prices for homes and condos in Broward County are up YTY for June, while closed sales are down. We attribute the lower number of sales to tight inventory along with quality issues. Backing up this theory is the slight decline in…
“As massive floods from Tropical Storm Harvey sweep Texas, you might be wondering how fast you can buy flood insurance. Home insurance doesn’t pay to repair damage caused by flooding. You’ll need to buy separate flood insurance to cover tropical storms, torrential rain and overflowing rivers.” Check out the full article…