will the election affect real estate

How Will This Year’s Election Affect The Real Estate Market?

Q: How will this year’s election affect the real estate market? Deanna, Philadelphia, PA A: Hi Deanna, that’s a question I’ve been asked a lot this year.  First, I want to point out that there really is no such thing as “the real estate market” because every local real estate market is different and it’s a mistake to generalize across different real estate markets. Local real estate market prices are driven by many factors, but the biggest factor is supply and demand.  The one factor we can look at that does affect people across local real estate markets is mortgage rates. How will the election affect mortgage rates?  I unfortunately am not able to predict the future, so I don’t […]

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