In this video, we look back at some crazy statistics and historical trends from 1980 to the present that reveal the patterns of uncertainty, policy changes, and consumer confidence that shape the housing market every four years. From the global financial crisis of 2008 to the COVID-19 pandemic in 2020, learn how major political events influence home prices, mortgage rates, and buyer behavior, and what you can expect in the weeks and months ahead, no matter how next Tuesday turns out. Watch the video to understand how it might affect your real estate decisions. Don’t miss out on key insights and expert advice to stay ahead in the housing market!
0:00 Introduction
4:37 1) November Slowdown
7:49 2) Home Sales Volume Jumps
9:57 3) Resale Prices Rise
10:53 4) New Construction Prices Rise
11:36 Call Us First
12:06 5) Mortgage Rates Decrease Prior To The Election
14:09 6) Elections Don’t Change Minds In The Long Run