Good question... who really knows?! I did read recently that 42% of the buyers were going to wait until after the election to move forward. Maybe that means, for example, they are hoping that where they live now will become more conservative like Idaho and then they won't have to move. I suppose that could mean that liberals in Boise hope Idaho turns "blue" after the election so they don't have to move back to California or Washington state. Another factor could be; what does "The Fed" think about the results of the election and what will they do with interest rates? We know what rates were under the first Trump term... and we know what they rocketed up to during the Biden/Harris administration. So there's some market forces at play and some national economic forces at play... all waiting to see what the election brings. I can go out on a limb here and say, I really don't see Marxist states/cities/areas turning away from that regardless of what changes the election may bring.
How will the election play apart in the housing market?
Good question... who really knows?! I did read recently that 42% of the buyers were going to wait until after the election to move forward. Maybe that means, for example, they are hoping that where they live now will become more conservative like Idaho and then they won't have to move. I suppose that could mean that liberals in Boise hope Idaho turns "blue" after the election so they don't have to move back to California or Washington state. Another factor could be; what does "The Fed" think about the results of the election and what will they do with interest rates? We know what rates were under the first Trump term... and we know what they rocketed up to during the Biden/Harris administration. So there's some market forces at play and some national economic forces at play... all waiting to see what the election brings. I can go out on a limb here and say, I really don't see Marxist states/cities/areas turning away from that regardless of what changes the election may bring.