With an election year approaching, some may worry about its impact on the housing market. While policy changes and interest rates are often discussed, historical data shows stability in home prices.
In fact, after 7 of the last 8 presidential elections, home prices increased. This trend suggests that election years do not lead to a downturn in the housing market. Instead, the market remains steady, and often, home values continue to rise.
So, if you’re considering buying or selling, there’s no need to let election year worries hold you back. The best time to make your move is when it works for you and your unique situation.
Still have questions or want to discuss your options? Contact one of our highly qualified realtors about how we can support your real estate goals.
