How do presidential elections effect the housing market? // Explained

Quick video to answer all of your questions regarding if the election effected the real estate market at all and how it will be effected moving forward. Good news - its all temporary. In most cases the market bounces back strong just after the election. Here are the video notes:
Does an election slow down the housing market?
Yes the market slows by about 53% in the months prior to the election
Do homes sell after the election?
Yes 82% of the time the market sees an increase in home sales in the year following an election year. There is expected to be 13% more activity in 2025 than there was in 2024.
What happens to mortgage rates in an election year?
72% of the time they decrease between July and November. We saw rates from Nov 24 to Nov 25 go from about 8% top about 6% and they have now stabilized around 7% again at the time of this video.
What happens to home prices in the following year after an election?
88% of the time home values increase in the following year. This year home values are expected to increase nationally by about 2.5%
Ready to start your next move? Reach out to the contact below to get started.
Peter “Pistol Pete” Eubank
Eubank Property Group
ROOM Real Estate
831-471-7330
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Dre: 02015065
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