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Is presidential election slowing down the real estate market?

Posted by Jack O. Pysz on Tuesday, November 8th, 2016 at 10:51am.

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An Election Year Brings Uncertainty and That’s Bad for Real Estate

Every time the change is coming some buyers will be extremely wary, especially the closer to the election day it gets.

Fewer Large Purchases Are Made During Election Years

The biggest problem is that nobody really knows what the next president is going to do. A new elected president can affect the job market, the economy, and the nation’s healthcare system, therefore many Americans simply don’t want to risk making the largest investment of their life.

How Much Do Elections Impact Sales?

Study shows that prices of homes tend to drop typically by around 4% just months before the election. The following year brings a rebound of about 5.5%.

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 Jack O Pysz

Jack O. Pysz - Redco, Managing Broker

11/08/2016 (Election Day)

1 Response to "Is presidential election slowing down the real estate market?"

Don wrote: I think elections really affected the market this time..

Posted on Thursday, November 10th, 2016 at 3:54pm.

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