Do Elections Impact the Housing Market?

The 2024 Presidential election is just months away.

The 2024 Presidential election is just months away.
Should you buy a home now or should you wait?
Buying your first home in today’s market can feel tough. Between high home prices and mortgage rates, affordability is still a big challenge.
Over the past few years, some homeowners have decided to delay their move because they don’t want to sell and take on a higher mortgage rate on their next home.
Spring is here, and so is the busiest season in real estate. More buyers are out looking for homes, which means more competition for you.
Many people are wondering: will home prices fall this year? Whether you’re a potential homebuyer, seller, or both, the answer to this question matters for you. Let’s break down what’s happening with home prices, where experts say they’re headed, and how this impacts your homeownership goals. What’s Happening with Home Prices? Home prices have seen 121…
Some Highlights Mortgage pre-approval means a lender has reviewed your finances and, based on factors like your income, debt, and credit history, determined how much you’re qualified to borrow. Being pre-approved for a loan can give you clarity while planning your homebuying budget, confidence in your ability to secure a loan, and helps sellers know…