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I’ve been asked a lot recently about the presidential elections and how they are going to affect the real estate market. Every four years I see similar patterns, so I wanted to share them with you so you can be prepared.
The first thing I notice is that in the months leading up to an election, a lot of people adopt the “wait and see” mentality to buying and selling. However, I do think that the 3rd quarter of 2016 will be our strongest quarter of the year even though some people will be waiting to see what happens.
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Every four years I see similar patterns.
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Normally, everything will soften after an election. If you’re looking to sell, I think the time is now. By taking advantage of the market now, when it’s hot, you are protected from the inevitable softening we will see run from the fourth quarter this year all the way into next year.
If you have any questions, feel free to call me. I would love to hear from you!