Ivy Zelman Speaks About the Election & Housing

Ivy Zelman, one of the top experts on our national RE market wrote last week on what could happen to housing if Democrats sweep into power. First, she cited how a $15k first-time homebuyer grant is the last thing our real estate markets need. She said, "Frankly, there is a long list of impediments constraining supply that the politicians need to focus on-NOT the demand side of the equation!. In summary, if the Democrats win the White House and Senate, they need to juice supply, not demand!"

My recommendation would be for you and our clients to buy as much real estate as possible as soon as possible as home prices will continue to increase dramatically, thus making housing more unaffordable and forcing more households to remain renters. And if there are going to be more renters, they might as well be MY renters paying my mortgages.