How the 2024 Election Season Affects the Housing Market | How’s the Market w/David Childers | Ep. 28

"Presidential elections years affect the national housing market and mortgage rates through three interrelated channels. Uncertainty, policy expectations and consumer confidence."
On this episode, David explores how past elections have affected the housing market and discusses how the 2024 election could potentially impact the market. The conversation focuses on three interrelated channels through which elections influence the housing market: uncertainty, policy expectations, and consumer confidence.
He covers the impact of elections on home sales, home prices, new home construction, and mortgage rates. Emphasizing that while elections can create temporary hesitation in the market, they generally do not have a significant long-term effect. The episode concludes by encouraging listeners to use the information provided to educate and guide their clients.
FREE download of presentation slides:
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CHAPTERS
00:00 Introduction and Acknowledgments
01:27 The Interplay of Uncertainty, Policy Expectations, and Consumer Confidence
09:21 New Home Construction and Elections
13:41 Mortgage Rates and Election Cycles
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[@EMPTORADVOCATE-gt4rb]

We are 10 years into this housing bubble now after this election there will be know reason to keep kicking this can down the road the recession will kick into high gear.More layoffs, more short sales,foreclosures,the gates will be open the snowball will hit bottom and melt.If you are in an area where you can sell your overpriced home and move into a rental it is my opinion you should.The interest rates have nothing to do with it everyone overpaid just like in 05'&06' but worse this time.Save yourself if you can property values are going to fall just like before.