
Let’s talk politics, but only a little bit. As the country holds its breath and everyone their brother speculates and discusses what’s going to happen. We can talk a little about the election and how that can affect the housing market. Of course, Amin Vali is always here to answer your questions and discuss your concerns with you.
In many parts of the country real estate activity has noticeably slowed or even stopped in the past week or so while everyone waits to see who the next president will be. What does this mean for the real estate market?
A lot can happen and change in the real estate market both before a definitive winner is announced and after. What we need to remember is that a slowdown or halt in real estate activity is temporary and, typically, once things start up again there is a sudden boom in activity.
If this does happen the shortage of available property and the price increases will be felt even more strongly than they already are.
Many veteran investors and high-income earners are concerned with taxes, while average families are wondering if mortgage rates will be affected. Amin Vali Real Estate Investment is looking into and addressing both concerns since they are both important matters.
It is difficult to predict exactly what is going to happen with either president, however, the current waiting and anticipation will lead to a huge surge in activity after. Mortgage rates are predicted to remain low, at least until a winner is announced. Once that happens mortgage rates will change or stay the same depending on the stock market’s response to the election results.
Once a definitive result has been announced we will post again and share our insights about the effects on the real estate market.
Happy waiting!
Amin Vali
Civil Engineer, MBA, Real Estate Agent
Amin Vali Real Estate Inc.
Persian Realtor,Persian Real Estate,
Cell phone: +1 (949)220-1000
Phone : +1(310)300-0011
Web : http://www.aminvali.com
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Realtor in Zutila Inc.
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