The Election Won’t Slow Down The Housing Market – What's Up Clarksville

The Election Won’t Slow Down The Housing Market

Yesterday American’s voted to decide who will be our President for the next 4 years. We are still awaiting those results. Regardless of who wins, the elections won’t slow down the housing market. Why is this the case?

  1. Millennials began entering the house market last year and the demand is still strong amongst them.
  2. Mortgages rates continue to be at a historic low.
  3. Prices are still going up in this sellers market. It appears it will continue for the next 12 months.
  4. History repeats itself. When it is an election year, the market slows down slightly in November but then picks back up after elections.

original article can be found at keepingcurrentmatters.com