Wondering if the upcoming Presidential election will shake up the housing market? Check out the video below for more data.
Here’s what you need to know. History shows home sales may slow down a bit in November, but they usually bounce back fast, prices keep climbing, and mortgage rates tend to dip a bit. Overall, the impact is minor and short-lived.
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Brandon Yopp
Data Sources
https://www.huduser.gov/periodicals/ushmc/fall08/hist_data.pdf
https://www.nar.realtor/research-and-statistics/housing-statistics/existing-home-sales
https://www.freddiemac.com/pmms/archive