How real estate will be affected by the New Congress

Home Owners | Real Estate | What's going on! |

Both parties, in spite of their inability to work with each other very often, favor a healthy real estate market.

Now that the election results are final, here is a take on how it might impact our business.

As you’ll go on to read, there won’t be any immediate changes as a result of a Democrat House and a Republican Senate.

“For one, the housing market, unlike the stock market, does not make sudden moves based on events like elections,” Inman reports. “Buyers will still purchase homes and sellers will still list their houses.”

Read their estimations on the effects of this election on tax reform, budget cuts, flood insurance, mortgage finance and middle-class tax cuts by clicking here.

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