Posts from October 29th, 2024

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October
29

Why Home Sales Bounce Back After Presidential Elections

October 29th, 2024 by Bend Premier Real Estate

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 (see graph below):

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Posts from October 29th, 2024

Why Home Sales Bounce Back After Presidential Elections

Election Years Bring a Temporary Slowdown

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