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Rainmaker
5,583,278
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

this election is entertainment....entertainment won't affect the market....

May 26, 2016 12:16 AM
Rainmaker
989,652
Jennifer Mackay
Counts Real Estate Group, Inc. - Panama City, FL
Your Bay County Florida Realtor 850.774.6582

Most assuredly - it depends which candidate is in front as to how it affects the market

May 26, 2016 06:51 PM
Rainmaker
1,622,432
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC Calabasas CA

I think, a lot of people wait with selling/buying a property. 

May 26, 2016 06:52 AM
Rainmaker
1,502,998
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

I think it probably depends on how crazy the candidates are.  I think this year there will be a lot of people holding their breath.

May 26, 2016 04:51 AM
Ambassador
1,076,551
John Meussner
Mortgages in AZ, CA, CO, DE, FL, GA, IN, MD, MN, MT, NC, NJ, NV, OK, OR, PA, SC, SD, TN, TX, UT, VA, WI - Fair Oaks, CA
#MortgageMadeEasy Fair Oaks, CA 484-680-4852

I think it makes everyone cautious to do anything to any extreme, one way or another.  No one wants to shake things up for a nominee

May 26, 2016 03:27 AM
Ambassador
2,178,553
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Prop. Mgr, Wenatchee, WA

It's physics... Newton's law:  For every action there is an equal and opposite reaction.  Time will tell.

May 26, 2016 02:53 AM
Ambassador
6,393,154
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

A nation with a lack of focus, as we all talk about and occasionally argue about politics.

Added anxiety about the future under the new regime.

It effects everything, how can it not?

May 26, 2016 12:50 AM
Rainmaker
3,988,007
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

I remember in the past it did but not so much anymore. The financial markets don't react in the same ways as they did 20-30 years ago.

May 25, 2016 11:43 PM
Rainmaker
5,868,472
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

I do think this election is making our market very odd.   Low inventory, but both buyers and sellers get upset quickly, and we have a termiantion rate of 20% overall.  

May 31, 2016 12:01 AM
Rainmaker
7,835,407
Roy Kelley
Retired - Gaithersburg, MD

There will be more home sales in the DC area.

May 26, 2016 10:46 PM
Rainmaker
3,071,489
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

parked and reading

May 26, 2016 10:33 PM
Rainmaker
4,434,127
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

No.

May 26, 2016 09:25 PM
Rainmaker
634,482
Kathleen Luiten
Resort and Second-Home Specialist - Princeville, HI
Kauai Luxury Ocean Home Sales

We've had a busier market here.

May 26, 2016 06:47 PM
Rainmaker
4,319,419
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

David Popoff - I do not think there will be any negative impact because of the election year - and whoever becomes new president.

May 26, 2016 04:03 PM
Rainmaker
2,362,701
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

sometimes when there is a lot of uncertainty in DC people will slow down the decision to buy

May 26, 2016 12:54 PM
Ambassador
2,684,009
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

People are scared.  They sit on their money and wait.

May 26, 2016 12:32 PM
Ambassador
3,727,873
Patricia Kennedy
RLAH@Properties - Washington, DC
Home in the Capital

Not really.  I think the outcome of the Congressional elections are going to be more importatnt.

May 26, 2016 12:00 PM
Rainmaker
1,157,785
FN LN
Toronto, ON

I would expect that there will an effect in Washington, DC and the nearby portions of Maryland and Virginia as the new administration starts up and the old administration winds down.

May 26, 2016 11:40 AM
Rainer
2,515
Joan Schinderle-King
Keller & Associates - Romeo, MI
Real Estate expert selling hundreds of homes/year

Money talks more than politicians.  The changing of the guards always is unsettling to our nation's people.  However, there is no historical evidence that supports mortgage rates consistently go either up or down in a presidential election year.  In fact, some brokers and loan officers may use the fear of uncertainty to scare people into refinancing or buying, so you do need to be on guard for such fear tactics.  Whether you should buy or sell depends. Truly, there is uncertainty involved as the election draws closer.  Much of our wants for moving or selling could be held off until after the market settles however so much of our apathetic youth that is driving new home sales will be rather unconcerned about who is our next president.  The economy and real estate market will always be in flux, so I recommend that you consider your home purchase or sale from the vantage point of what is monetarily most advantageous for your lifestyle.  I believe interest rates will go up slightly, perhaps as high as 6 percent by close of 2016, yet these are still historically low interest rates.   Just go out and get advice from a trusted real estate expert who can take all of the details of your specific situation into account and help you make an informed, rational decision.  If you're in metro Detroit, feel free to reach out to me at joansoldmine.com

May 26, 2016 09:42 AM
Rainmaker
1,725,996
Sandy Padula & Norm Padula, JD, GRI
HomeSmart Realty West & Florida Realty Investments - , CA
Presence, Persistence & Perseverance

There seems to be some degree of hesitation by buyer's to buy and sellers to sell, but only for the voluntary moves.

May 26, 2016 09:34 AM
Rainmaker
2,817,671
Debbie Gartner
The Flooring Girl - White Plains, NY
The Flooring Girl & Blog Stylist -Dynamo Marketers

Yes!  It seems to impact most industries as it slows down decision making and it's distracting.

May 26, 2016 05:25 AM
Rainmaker
3,986,258
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

I believe it can go either way

May 26, 2016 04:11 AM
Rainmaker
2,781,153
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Any Presidential changes affect Wall Street and certain specific targets. How a President thinks, believes and supports is put into place. Be assured that Trump will support all Real Estate in its entirety because it is in his blood

May 26, 2016 04:10 AM
Ambassador
3,383,334
Chris Ann Cleland
Long and Foster Real Estate - Gainesville, VA
Associate Broker, Bristow, VA

I remember past Presidential election years, being right outside of DC, that our market really slowed down.  And as soon as a decision was made in November, the phones started ringing the next day.  I think this particular election hasn't had the same effect in our local market.  We are still seeing a lot of activity so far.

May 26, 2016 04:06 AM
Rainmaker
4,800,082
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

I think consumer confidence normally rises as they are being promised everything.  It's not until after the election that reality usually sinks in.

This election may be different, though.

May 26, 2016 03:27 AM
Ambassador
734,952
John DL Arendsen
CREST "BACKYARD' HOMES, ON THE LEVEL General & Manufactured Home Contractor, TAG Real Estate Sales & Investments - Leucadia, CA
Crest Backyard Homes "ADU" dealer & RE Developer

Interesting David Popoff I asked a sorta kinda similar question just this morning and some of the same folks answered my question but in a very different way.

Yes, I do think the choice we make for President can and most likely will impact the RE market in my area and many other areas for a variety of reasons.

I think a liberal government will raise unemployment due to the minimum wage mandate. We'll see higher interest rates which will stifle home resales and new housing starts which SD really needs right now. Liberal leadership is not business friendly and will serve only to keep us in the same quagmire we've been in for the past 8 years.

On the other hand I really feel that a more conservative leadership approach will be a lot more business friendly albeit it will no doubt be dealing with an Obama hangover for the first couple of years.

I think a Republican President will actually lower taxes in many areas i.e. Corporate income taxes which will bring back some of the 2-3 trillion dollars currently being stowed offshore. This will create local job growth and stimulate the economy.

That's just for openers. There's a whole lot more playing on this election than these scant remarks. We have a lot of work to do to get America back on the road to prosperity and it won't happen the day a new President is sworn in.

Disclosure:  I've been an Independent since Reagan left office so I'm not married to any party. I'm just a free spirited entrepreneurial self employed capitalist that would like to see America and its citizenry prosper which I don't think will happen with a Democratic Presidency.

May 26, 2016 02:43 AM
Rainmaker
922,083
David Popoff
DMK Real Estate - Darien, CT
Realtor®,SRS, Green ~ Fairfield County, Ct

Kenneth J. Jones great reply, thanks for sharing your years of experience as a Realtor.

May 26, 2016 02:23 AM
Rainmaker
1,844,271
Lyn Sims
Schaumburg, IL
Real Estate Broker Retired

I'm not talking politics.

May 26, 2016 01:49 AM
Rainmaker
1,239,901
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

A lot home sellers heading back south......

May 26, 2016 01:30 AM
Rainmaker
921,504
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

The consequence of a rogue leader is realized a few years later.

Example Billary or The Don will inherit Obama's mess and the economy it created. Subsequently, the new leader may have to address the bankruptcies caused by health care costs. 

I do look forward to helping big talkers move to Canada.

But no, election year affects on real estate is confined to those moving to and from Washington DC.

May 25, 2016 11:55 PM
Ambassador
5,048,883
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Not sure it will have an impact but I suppose it could depending on who wins. Time will tell

May 25, 2016 11:55 PM
Rainmaker
5,216,381
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

No, people make too much of it! None of the people who say they will move out of the United States if someone is elected ever does!

May 25, 2016 11:46 PM
Rainmaker
5,772,575
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

David,

According to my friends in the financial words, there will be effects based on who wins.  Hillary equals status quo, Trump good for business, and Sanders a disaster when it comes to taxes, etc.. This is not our area of expertise.  A

May 25, 2016 11:44 PM