By Dana Anderson | Redfin
Historically, home sales have remained relatively flat during presidential election seasons. We expect home sales to continue to grow this fall due to the coronavirus pandemic; we are forecasting more home sales in 2020 than in any year since 2006.
Twenty-two percent of homebuyers and sellers said the presidential election is impacting their plans to buy or sell a home, according to an August Redfin survey of more than 1,400 U.S. residents who plan to buy or sell a home in the next 12 months. That’s down from 32% in November 2019, per a similar Redfin survey. The drop from last year is likely due to the pandemic, which seems to be outweighing the election as a factor for homebuyers and sellers.
Thirteen percent of respondents to the August survey said the election is making them more hesitant to buy or sell a home, down from 20% in November 2019. Nine percent of respondents said the election is making them less hesitant to buy or sell a home, down from 12% in November. That’s unlikely to have a major impact on the housing market, partly because a portion of those people will probably buy and/or sell once the election has passed.
Lobbyists for Chandler see housing, water as big issues in 2025
By Ken Sain | Chandler Arizonan Chandler’s lobbyists told the City Council there are two major concerns they are watching when a new legislative session starts in January: Housing and water. And
