As November nears, more potential buyers are saying the election will make the housing market worse.
The three major candidates remaining in the U.S. presidential race – Donald Trump, Hillary Clinton, and Bernie Sanders – have been met with a lot of disdain, to say the least. To add to the worries, voters are concerned that November’s election will negatively affect the housing market.
A Redfin survey of 200 potential homebuyers found that 27 percent of respondents said that the election will make the housing market worse. Meanwhile, 63 percent said the election will not affect the housing market, and 10 percent said the election will improve the market.
These numbers are different from a February poll: That survey found that only 15 percent said the election will negatively impact the housing market, and 75 percent said it will have no effect.
Of the three major candidates, homebuyers said that Sanders would most help the housing market. But, “Other” was the most common response to the question, topping Sanders 28 percent to 27 percent.
Also, 90 percent of those surveyed said that they would not consider leaving the country if their candidate did not win (however, 30 percent indicated that they may joke about it but would not actually move).