Political elections and their impact on your home value

As we get close to November on political election years, the same comments come up year after year. Some are “I should wait till we know who gets elected” or “if this party gets elected prices will go down”.

Nonsense.

Do your research, and you’ll find no compelling evidence between who gets elected and home prices. If you do want to spend time forecasting, among other variables, look at the Federal Reserve and their moves on the prime rate. That moves the market. Not political elections.

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