How the Election Might Impact the Real Estate Market
Posted by Gwinn Volen on
by Gwinn Volen
Regardless of political affiliation, the upcoming election has become a hot topic in real estate discussions. Some buyers feel anxious about making a purchase just before the election, opting to wait for the outcome rather than committing to a decision.
While it is common to see a slight slowdown in real estate activity before the November presidential election, historically, elections have not significantly impacted the market.
Slight Home Sales Decline Leading Up to Elections
As you can see in the above chart, some buyers do choose to pause their home searches in anticipation of the election, though this trend has not been dramatic in the past. Additionally, this time of year typically sees a seasonal decline in…
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