NYTimes.com just posted a story about 6 emerging areas for those who want to live by the Shore and Bluffton SC found istelf on the list! Check out the article below to see what other 5 areas made the list of emerging towns for shore living.
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How will the outcome of this Presidential election affect housing? The research all points to positives. The Meyers Research group looked at the past 13 election cycles and found an approximate 15% drop in sales activity in the November of a federal election year. But their research notes that “the year after a presidential election is the best of the four-year cycle.” Furthermore, the report states, “This suggests that demand for new housing is not lost because of election uncertainty, rather it gets pushed out to the following year as long as the economy stays on track.”
One piece of the housing puzzle that has been incredibly consistent is interest rates. This week, Freddie Mac reported a twelfth historic low with the average on a 30-year