How Do Presidential Elections Impact the Housing Market?

Are you wondering if the upcoming election will have an impact on the housing market?

Are you wondering if the upcoming election will have an impact on the housing market?
Talk about the economy is all over the news, and the odds of a recession are rising this year.
It’s no secret that affordability is tough with where mortgage rates and home prices are right now.
Over the past few weeks, the average 30-year fixed mortgage rate from Freddie Mac fell by half a percent. The drop happened over concerns about a potential recession. And since mortgage rates have risen dramatically this year, homebuyers across the country should see this decline as welcome news. Freddie Mac reports that the average 30-year…
One of the top stories in recent real estate headlines was the intensity and frequency of bidding wars. With so many buyers looking to purchase a home and so few of them available for sale, fiercely competitive bidding wars became the norm during the pandemic – and it drove home prices up. If you tried…
One major reason why we’re not heading toward a foreclosure crisis is the high level of equity homeowners have today.
With so much talk about an economic slowdown, some people are asking if the housing market is heading for a crash like the one in 2008. To really understand what’s happening with real estate today, it’s important to lean on the experts for reliable information. Here’s why economists and industry experts say the housing market…