2020 Election Effect On Housing Market

The 2020 presidential race is pivotal for many reasons including its implications for the housing industry which often receives less attention on the campaign trail than other topics.

2020 election effect on housing market. Homelight asked 1 157 of their top agents how they thought the election would affect the housing market. In general presidential races breed. Typically in the year of.

One us housing market trend that most experts agree will come about from the 2020 election as it has from past presidential elections is a boost for the dc housing market. The year 2020 will be remembered as one of the most challenging times of our lives. Elections can affect a home s value.

How will the 2020 election impact the u s. The effect of an election. One us housing market trend that most experts agree will come about from the 2020 election as it has from past presidential elections is a boost for the dc housing market.

2020 has been an unpredictable year for all industries and people are anxious to see how the election could change things. A worldwide pandemic a recession causing historic unemployment and a level of social unrest perhaps never seen before have all changed the way we live. 31 say election results will have no impact on the housing.

23 of agents say the housing market will stay strong regardless of who is elected president donald trump or vice president joe biden. Real estate agents are optimistic about the housing market. Elections have historically affected housing prices with a slightly lower percentage increase in value 4.

Only the real estate market seems to be unaffected as a new forecast projects. According to a study of the california real estate market home prices typically rise 1 5 less during an election year 5 than in the year prior to the election and 0 8 less than in the year following the election. The housing market is a fickle thing to predict.