08/15/2024
There’s a lot of chatter out there, so let’s cut through the noise with some straight-up facts. I’m dropping two slides from Keeping Current Matters (KCM)—seriously, they always deliver the goods.
First up, check out what happened to home prices after the last eight presidential elections. Spoiler: prices dipped only once—in 2008, thanks to the financial meltdown. So, if you’re thinking of buying or selling, this one’s for you.
The first slide shows what happened to home prices in the year following the last eight presidential elections. Only once, in 2008 during the financial crisis, did prices drop. This context can really help those considering buying or selling right now.
The second slide highlights home sales after presidential elections. Historically, sales only decreased after the inflation-heavy periods of 1980-1981 and 1988-1989.
What are your thoughts?