Election Pessimism Could Hurt The Housing Market, Survey Suggests

Whether you prefer Hillary Clinton, Donald Trump or [a third party candidate], there’s no question that the next president’s economic and employment policies will be a key influence on the health of real estate for the next four years, including, perhaps, the price of a mortgage.

“While homeowner anxiety over the election is clearly mounting, the likelihood of an immediate shock to the market is slim,” Redfin chief economist Nela Richardson said. “It will take considerable time for our next commander-in-chief to implement policies that have any impact on housing.”

No matter who wins this fall, they’re likely to inherit a stronger real estate market than four years ago. Read full article by Troy McMullen, Contributor at Forbes.