How Does The Presidential Election Affect Parkland Real Estate?
This presidential election could be one of the craziest in our country’s history. Many homeowners have asked us how this year’s election outcome will affect the overall real estate market in Parkland and South Florida. No matter which side you are on, there are deep concerns about both candidates and the uncertainty of our future. In fact, I have even seen some funny billboards and marketing items questioning if people are going to sell their homes and move to Canada or out of the country.
I remember when President Barrack Obama and Hillary Clinton were campaigning against each other for the Democratic nomination for President, and neither past presidents ruined the country. During times of uncertainty, potential buyers and sellers can be more cautious, as fear of the unknown can factor into making future decisions, especially when it comes to real estate. However, both locally and nationally the overall real estate market is extremely healthy. In fact, the National Association of Realtors reported a 5.1 percent in year-over-year home prices for existing sales in August 2016. This is a 54th consecutive month of year-over-year gains that our country has been experiencing.
This data proves that nationally people are not letting the current election process and its possible drama in the media affect their decisions to buy or sell homes, as the past 54 months has proven this very fact! Even with the nation divided with who should run our country, we will move forward as a country. We believe that the real estate market, especially in popular markets with great schools and safe areas, like Parkland, Florida, will continue to grow and thrive into 2017 and beyond.
I am also one of the top 50 RE/MAX real estate agents in the United States for 2016. My team and I can be reached anytime at 954-609-0591 if you and your family are looking to buy, sell, or rent a home or you can fill out a contact form here and we will gladly give you a call back to discuss your real estate needs. Our best marketing is YOU! Please visit our Client Testimonial Page to read more about the experiences of working with our team. Call us for your customized marketing plan and comparative market analysis! Let our full service and aggressive marketing campaign work for you and your family! Please give us a call at: 954-609-0591.