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Updated 4 months ago,

User Stats

317
Posts
289
Votes
Manny Vasquez
Agent
  • Real Estate Agent
  • Orange County
289
Votes |
317
Posts

Are YOU on the fence about buying? Read this!

Manny Vasquez
Agent
  • Real Estate Agent
  • Orange County
Posted

If you are sitting on the "fence" waiting to purchase a property because you don't know which candidate will get elected or which "political party" will be more favorable to your purchasing decision, consider the graphs provided below.  This should hopefully motivate you to get you off your seat and buy that property that you have coveted.  The only 2 times that Home Sales have gone down were waaaay back in the election years of 1980 and the election year of 1988

Furthermore, Home Prices (not to be confused with Home Sales) have also gone up 7 of the last 8 Presidential Elections.  The only time they went down was during/after the Great Recession of 2008.

Both of graphs above show that it doesn't matter which political party get elected.  Now if we take into consideration the recent cut in the Federal Funds rate and rhetoric that there is a possibility of 2 more rate cuts before the end of the year, what are you waiting for to buy your next (or first) property???????

  • Manny Vasquez