elections and real estate

The Election Slump in Real Estate

Somewhere around May or June, I started mentioning to my agents that we might experience an election slump. We’ve had one every Presidential election year, except 2020. Would the pattern begin again in 2024? If there is an election slump, it’ll be happening any minute. Hint to buyers: any reduction in demand is a good

By Rona|2024-12-16T14:43:21-05:00October 23rd, 2024|Categories: House Hunting, Market data and conditions, remove|Tags: Democrats, Election2024, elections and real estate, Harris, Republicans, Trump|

2016, the first half. Living in a seller’s market.

How well do exclusive buyer’s agents do, in the face of a tough seller’s market? Here are results for the hardest seller’s market we have faced, ever! Our report card for the first half of 2016: Total amount under original asking negotiated by -$213,500 Total amount negotiated after inspections: -$19,000 Total paid over asking price