Survey: Trump Expected to be Better for Homeowners, Biden Better for Renters
Will either Donald Trump or Joe Biden as president be decisively better for the housing market? Not according to voter expectations shared in a recent Redfin survey.
Tim Ellis has been analyzing the real estate market since 2005, and worked at Redfin as a housing market analyst from 2010 through 2013 and again starting in 2018. In his free time, he runs the independently-operated Seattle-area real estate website Seattle Bubble, and produces the "Dispatches from the Multiverse" improvised comedy sci-fi podcast.
Email TimWill either Donald Trump or Joe Biden as president be decisively better for the housing market? Not according to voter expectations shared in a recent Redfin survey.
U.S. home prices increased 15% and pending sales were up 32% from a year earlier in the four weeks ending October 18.
In the past eight years, the price difference between low-risk and high-risk areas has flipped—from a 2.5% premium in high-risk areas in 2012 to a 3.9% discount in 2020—partly due to more intense competition in areas with low wildfire risk. The median sale price of homes in zip codes with a low wildfire risk has
National median home price hit a new record of $320,625. Key housing market takeaways for 434 U.S. metro areas during the 4-week period ending October 4: The median home sale price increased 15% year over year to $320,625—the highest on record in Redfin’s data, which goes back through 2012. Although it uses a different methodology
For the four-week period ending September 20, home prices were up 14%, pending sales rose 29%, and new listings were 6% higher than the same period in 2019.
For the four-week period ending September 13, home prices were up 13%, pending sales rose 27%, and new listings were 6% higher than the same period in 2019.
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