Spencer Pingitore

Why Home Sales Bounce Back After Presidential Elections

With the 2024 Presidential election fast approaching, you might be wondering what impact, if any, it’s having on the housing market. Let’s break it down.

Election Years Bring a Temporary Slowdown

In any given year, home sales slow down slightly in the fall. It’s a typical, seasonal trend. However, according to data from BTIG, in election years there’s usually a slightly larger dip in home sales in the month leading up to Election Day.

Home Sales Bounce Back After the Election

The good news is these delayed sales aren’t lost forever—they’re just postponed. History shows sales tend to rebound after the election is over. In fact, home sales have actually increased 82% of the time in the year after the election.

What To Expect in 2025

If history is any indicator, that means more homes will...

Want a FREE consulatation?? Schedule here: https://calendly.com/spencerphomes/initial-consultation-call

Why Home Sales Bounce Back After Presidential Elections With the 2024 Presidential election fast approaching, you might be wondering what impact, if any, it’s having on the housing market.

Why Your House Will Shine in Today’s Market

Even though there are more homes available for sale than there were at this time last year, there are still more buyers than there are houses to choose from. So, know that if you’ve got moving on your mind, your house can really stand out.

What’s Causing the Shortage?

1. Underproduction of Homes

2. Rising Costs

3. Regional Imbalances

How Big Is the Problem?

According to estimates from Real Estate News, the U.S. is facing a housing shortfall of roughly 3.3 million homes, based on an average of several expert insights.

This shows there’s a significant number of homes that need to be built just to meet current demand from buyers. But what about future demand?

According to John Burns Research and Consulting (JBREC), over the next 10 years, the U.S. will need about 18 million new homes to meet...

Want a FREE consulatation?? Schedule here: https://calendly.com/spencerphomes/initial-consultation-call

Why Your House Will Shine in Today’s Market Even though there are more homes available for sale than there were at this time last year, there are still more buyers than there are houses to choose from. 

Debunking Scary Myths About Buying a Home

There are a number of scary myths about homebuying in today’s market. Here’s what you need to know. Prices are not expected to crash, it is possible to buy even with student loan debt, and there are programs that can help you save for a down payment. Don’t let scary myths delay your homebuying plans. Let's connect so you have a pro to help you separate the facts from your fears.

Want a FREE consulatation?? Schedule here: https://calendly.com/spencerphomes/initial-consultation-call

Debunking Scary Myths About Buying a Home There are a number of scary myths about homebuying in today’s market. Here’s what you need to know.