How Do Presidential Elections Impact the Housing Market?

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Are you curious about how presidential elections might influence the housing market in the Blue Ridge and northeast Georgia mountain area? Historically, home sales may dip slightly in November but quickly rebound, with prices continuing to rise and mortgage rates easing a bit. At Mountain Place Realty, Broker Rhonda Thomas Haight and her team of skilled agents are here to guide you through these market fluctuations, ensuring you make informed decisions. Their local expertise and successful track record provide invaluable support during election years and beyond.

How Do Presidential Elections Impact the Housing Market?

Some Highlights

• Are you wondering if the upcoming election will have an impact on the housing market? Here’s what history tells us you need to know if you’re considering a move.​
• Data shows home sales slow in November but quickly bounce back and rise the following year. Prices usually keep climbing. And mortgage rates typically come down slightly.
• Presidential elections have only a small and temporary impact on the housing market. If you have questions, connect with a real estate agent.