One of the greatest, unknowns, throughout recent history, is being able to predict, and/ or determine, whether we will experience a buyers, sellers, and/ or, neutral real estate market, and, accurately, predicting, the anticipated duration! There are many factors, scenarios, perceptions, economic (local, regional, national, and international) occurrences, etc, which impact, real estate’s performance, and, thus, its pricing trends. One of these factors, which is often ignored (and/ or, taken for – granted), is politics. Regardless of one’s personal, political preferences, and/ or, perceptions, focuses, beliefs, etc, there should be very little doubt, today’s politics, will, almost always, have some sort of effect, on how real estate performs, etc. With that in mind, this article will attempt to consider, examine, review, and discuss, 3 ways, present – day politics, impacts the near – term performance of real estate.
1. Interest rates; mortgage rates: Interest rates, generally, fluctuate, over – time! … Read More