Tony Lewis, Summit Real Estate Santa Clarita & OC Laguna Nigel (RE/MAX of Valencia (Hall of Fame) 30 year Valencia Resident)

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Rainmaker
865,422
Doug Dawes
Keller Williams Realty - Topsfield, MA - Georgetown, MA
Your Personal Realtor®

There are several influences that cause upward or downward pressures on the markets. The last election results saw a surge in the stock market to all-time highs. It's safe to say if one candidate is viewed as having regressive policies and wins the markets could trend downward. That being said...If these people keep printing money with abandon we'll all be unhappy

Jul 21, 2020 10:49 AM
Rainmaker
2,877,416
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

I wish you all the best with this.  My crystal ball was destroyed in the 1989 earthquake that rocked the Bay Area - San Jose - San Francisco California. 

Jul 21, 2020 07:35 PM
Rainer
410,327
Jerry Lucas
ABC Legal Docs LLC - Colorado Springs, CO
Mobile Notary Colorado Springs, CO Notary Training

Many people warn that if their favorite candidate does not win the election, they will move to Canada.

I don't know where in Canada, maybe the Klondike gold mining region in Yukon Territory? 

But, I can't speak Yukonese. Maybe I'll just drink a Canadian beer, watch an NHL hockey game, and invest my life savings of $100 in Canadian beer companies.  ($1 US = $1 million Canadian, in Celsius metric conversion) 

Is it politically correct to use the word Canadian, or should I use the expression "our northern neighbors"? But, I'm in Colorado. My northern neighbors are in Wyoming. Is it OK to say Wyoming? 

I don't want to offend the other states. Should I list all 50 states to be inclusive? Please don't riot if I didn't mention your state.

 

Jul 21, 2020 03:03 PM
Ambassador
4,695,442
Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities - Stevens Point, WI
Forestland Experts! 715-204-9671

Only God knows the answer to that one.

Jul 21, 2020 12:02 PM
Rainmaker
4,860,882
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Tony,

I would suggest you talk to your financial adviser or stock broker to get their scoop.  I do not consider myself an expert on this subject, which is why we would rely on a seasoned professional's opinion.  A

Jul 21, 2020 10:19 AM
Rainer
271,001
Caroline Gerardo
Sun West Mortgage Corporation - Newport Beach, CA
C. G. Barbeau the Loan Lady nmls 324982

I don't believe it matters if we have a Red or Blue President. We are headed for trouble because of forbearance and financial strain of Covid19, about Halloween defaults will increase. This may be good for markets with no inventory, though it sounds hard.

Jul 21, 2020 02:58 PM
Rainmaker
772,692
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

Of more impact on the financial markets than who is elected President with be the financing of the  vastly deeper debt of the County, States, and all political subdivisions due to the pandemic. If that forces interest rates up, there will be an effect on real estate and the mortgage industry.

Whoever is President, of course, will be blamed.

Jul 21, 2020 12:23 PM
Rainmaker
1,019,199
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
& Host of Postcards From Success Podcast

For Real Estate, IT WON'T!!! Because you'll sell houses regardless.

Who's in office never has "ultimately" in my 21 year career.

My real point is don't give in to the fear mongering behind some of the questions. Your only say in who the president is or what he/she does is to vote.

So, be sure to vote and then get back to work; your business at hand is serving your clients with competence and character, not wallowing in fear based, paralysis of analysis over how the next 4 years will be based on the office of the presidency.

Ultimately, no matter who is in that office, you gotta do your job, run your business and serve your clients. Create your own economy no matter what!

Jul 21, 2020 11:35 AM
Rainmaker
3,365,774
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

The choices are pretty clear, low taxes vs high taxes, for the police against the police, for business vs against business, for the working class against the working class.... now with that said did you really not know the answer? Just wondering....

Jul 21, 2020 10:10 PM
Rainmaker
2,550,644
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Trump is a business man who specialized in Real Estate. Expect Real Estate to be respected, honored and supported by him in second term in every way

Jul 21, 2020 12:18 PM
Rainmaker
789,245
Jeff Masich-Scottsdale AZ Associate Broker,MBA,GRI
HomeSmart Real Estate - Scottsdale, AZ
Arizona Homes and Land Group/ Buy or Sell

Some people will be happy and some will be depressed. The happy ones may feel good and buy a bigger home. The depressed ones may put their homes on the market and move to a bunker. Bunker homes may be big in 2021....Just saying. Jeff 

Jul 21, 2020 10:15 PM
Rainmaker
1,829,220
Evelina Tsigelnitskaya
SIB Realty - Sunny Isles Beach, FL
www.SIBRealty.org 305-931-6931

We will see what November brings to us. 

Jul 22, 2020 10:37 AM
Rainmaker
1,377,906
Valeria Mola
SIB Realty - Miami, Sunny Isles Beach - Sunny Isles Beach, FL
305-607-0709 SIB Realty Condos for Sale and Rent

I wish I knew.

Jul 22, 2020 08:05 AM
Rainer
87,896
Jerrill Ewing
N & J Lake Properties, LLC - Eatonton, GA
Builder

yes in which direction only time will tell.

Jul 21, 2020 01:48 PM
Rainer
207,593
Don Baker
Lane Realty - Eatonton, GA

depends on how it turns out.

Jul 21, 2020 01:44 PM
Rainmaker
816,125
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

The 2020 election is more likely to become a side show as covid, unemployment, foreclosures, evictions and expiry of Fed, state and local assistance plans are felt.

In an uncertain economy the sharks come out. Real estate will still change ownership, but using different strategies.

I'm not sure how Wall Street will respond to the redistribution of wealth.

Jul 21, 2020 12:30 PM
Rainmaker
4,338,523
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Who knows what will happen - my crystal ball is at the dry cleaners.

Jul 22, 2020 05:24 AM
Rainmaker
1,911,236
Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

Biden is saying he will increase the Longterm Capital Gains rate - that won’t help us !!!!

Jul 22, 2020 05:17 AM
Rainmaker
772,252
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

I'll let you know in December and thereafter.

Jul 22, 2020 11:00 AM
Rainmaker
458,194
Lynnea Miller
Bend Premier Real Estate - Bend, OR
Premier Real Estate Service in Central Oregon

Depends on who is elected and what their policies are.

Jul 22, 2020 09:23 AM
Rainmaker
3,167,257
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

There is no doubt with the threats from the Socialists towards Wall street, banks, the oil industry, airlines, auto manufacturing and big businesses that the stock market will tank if Biden wins. They have also threatened to go after 401 k's for  a new revenue source. The indicators will start in the fall in which direction they see the election going. Many businesses and investors could contract, sell off stock and start building cash reserves. That will affect the real estate market if banks stop lending due to the risk of a sharp recession. 

Jul 22, 2020 05:26 AM
Rainmaker
127,189
Dario Ferreira
Attleboro, MA
Internet Marketing

I think the stock market will crash, no matter who is the president.
The whole thing is being propped up artificially.

Who will be left holding the bag?
Retail investors.

Who will make even more money?
Hedge funds and the like. They make money up or down.

Jul 22, 2020 02:09 AM