According to research done by Real Trends there is zero correlation between election years and the number of transactions in the market compared to non-election years.
They found that sales were down in 1980, 1988, and 2008 compared to prior years, and sales were up in 1992, 1996, 2000, 2004, 2012, and 2016.
To hear more about what will happen this year in real estate and the factors that really do impact our market, be sure to get registered for our annual Market Forecast event next week.
It’s time to register for our annual Market Forecast event. We will be live at 5:30 on January 15th at the Wellshire Event Center. Back by popular demand is our Chief Economist Matthew Gardner. Save your seat HERE.