How Is The Presidential Election Going To Affect The Housing Market?
Hi Friends & Family,
Please take out your crystal balls and let's dive into this question that I get asked, all the time.
How Is The Presidential Election Going To Affect The Housing Market?
It's a great question to ask! The thing is, the crystal ball I have can only look back in time and at our current present moment. ๐ฎ Dang!
I personally love using a past trends crystal ball. For one, it keeps me out of trouble and it also keeps me in business. I tend not to pay attention to people telling me bold predictions without some past data to support them. We should be measuring things and making high-percentage decisions. They aren't always perfect, but that's the beauty of life! It feels so much better when you make a good calculated choice.
What this Powerpoint shows is not my opinion. It is a gathering of past data during presedential elections and personal input from pretty well-qualified sources (not your neighbor down the street). Of course, a presidential election will affect things, but people who are asking me the question are looking for a specific answer. They want to know how it will affect them personally if this "dude" gets elected over this "dudette" and vice versa. (I thought of a million different ways to label the candidates and yes...I landed on dude and duddette as the best option. LOL I'm pretty sure more than 2 people are running, however. ๐ค)
I'll let you click through the slides now and you can write me an email at andy@pureliferealty.com to tell me what you see and what you think.
-Andy Webster
P.S. Remember, I said my crystal ball sees the present moment too...some of you have already heard the buzz of rates being at their lowest point this year RIGHT NOW and that directly lines up with slide 17 which mentions interest rates decreased 8 out of 11 times leading up to a presidential election during July - November.
Also, here in Tri-Cities, WA we tend to not feel the ups and downs quite as much due to the nature of our local economy with government funding, but I don't have any current data on that so feel free to disregard. ๐
Recent Posts