How Do Presidential Elections Impact the Housing Market?

Some Highlights

• Are you wondering if the upcoming election will have an impact on the Oklahoma housing market? Here’s what history tells us you need to know if you’re considering a move.​
• Data shows home sales slow in November but quickly bounce back and rise the following year. Prices usually keep climbing. And mortgage rates typically come down slightly.
• Presidential elections have only a small and temporary impact on the housing market. If you have questions, connect with a real estate agent.