E040: Will the presidential election have an impact on the real estate market?
In this episode of the Selling St. Pete podcast, we examine whether or not we can expect the outcome of the presidential election to have an impact on the real estate market.
In a year filled with adversity, the real estate market has actually been a bright spot with strong sales - so strong in fact, they are the most since 2005 in February, July, September and October.It’s quite possible we would have had more months had we not experience massive economic shutdowns due to the pandemic.
I believe sales in Pinellas County and the Greater Tampa Bay area will remain strong for the foreseeable future for the following reasons:
• historically low interest rates
• prices continue to rise
• low inventory
• strong buyer demand