Election years don’t disrupt real estate as much as people fear—see how the market fared in previous cycles.

Are you worried the upcoming election might shake up your plans to buy or sell a home? Many people wonder if political shifts can turn their housing dreams upside down. But here's the good news: elections aren't the game-changer in real estate that you might think they are.

Real estate market in the previous elections. When we look at data from various election years, the impact on the housing market isn't as dramatic as expected. Some election years have even seen an uptick in home sales. Home sales increased in both 2004 and 2020. This boost was likely due to factors beyond the political climate, but it was undoubtedly good news for sellers. 

The housing market remained steady during the 2012 and 2016 elections. Sales were stable, and there were no dramatic shifts, suggesting that elections didn't shake things up much during these years. The years 2000 and 2008 saw dips in home sales and values. However, these downturns aligned more with economic recessions than with the elections. It's a reminder that broader economic factors play a more significant role than who's in office.

"It's your life changes—not politics—that truly move the real estate market."

What truly moves the needle in real estate? Significant life changes and major events are the real influencers. Retirement, divorce, death, new employment opportunities, marriage, or family expansion are powerful motivators for buying or selling a home. These personal milestones often prompt people to make significant housing decisions. Let's not forget the effect of more significant crises like pandemics. These events create shifts that impact buyers and sellers far more than the election cycle ever could.

While elections can be exciting and sometimes stressful, it's important to remember that your life, not politics, drives the housing market. So, the next time you hear chatter about elections affecting home sales, you can feel confident knowing that your circumstances are what truly matter.

Whenever you face a life change and are considering buying or selling a home, contact us at +1 (480) 682-7533 or Office@GoodCompanyRE.com. Don't let election buzz deter you from making the right move for you and your family. We're just a call away and ready to help you confidently make real estate transactions.