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Larry Cersosimo
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How do yall think the housing market will trend during this election year?

Larry Cersosimo
Posted Mar 17 2024, 12:43

Just curious what the historical data shows how the housing market will react to the election. Obviously hard to tell, but I would hope my current investment will be election-proof

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Chris Seveney
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Chris Seveney
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Replied Mar 17 2024, 16:17

@Larry Cersosimo

No one has any clue because we are in very interesting times. It’s a best guess for everyone.

I don’t know anyone right now who is saying “I can’t wait for more inventory as I am flush in cash and am ready to buy more real estate if prices rise”.

With very low inventory, there will probably be minimal movement on housing while we stay in a stalemate

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Replied Mar 17 2024, 16:28
Quote from @Larry Cersosimo:

Just curious what the historical data shows how the housing market will react to the election. Obviously hard to tell, but I would hope my current investment will be election-proof


 Every market is different right now. Texas and Florida for example has the most inventory equal to Covid level. While California and most NW region is at all time low in 2024.

We're all in different trajectory. There's no such thing as nationwide trend anymore as trend has so many divergences.

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Replied Mar 22 2024, 12:27

This is more of a regional question, rather than a National. Markets are different.