New Price! BERKSHIRE HATHAWAY HOMESERVICES COLORADO PROPERTIES Open House - Saturday, July 20th 11AM-2PM MONTROSE $1,100,000 19700 6575 Road 3 Beds 14 Baths 3.432 sqft The Unrein Team 970 209 9947 & 970.596.6748 MONTROSE-INDIAN SPRINGS $489.000 63790 Jacaranda Way 4 Beds 13 Baths 12.372 sq. ft. Heidi Lutz & Mehdi Sepan 970 209 7235970243359 HOW DO PRESIDENTIAL ELECTIONS IMPACT THE HOUSING MARKET? Are you wondering if the upcoming election will have an impact on the housing market? Here's what history tells us you need to know if you're considering a move. Data shows home sales sow in November but quickly bounce back and rise the following year. Prices usually keep climbing And mortgage rates typically come down sightly. Presidential elections have only a small and temporary impact on the housing market you have questions, let's connect HOME SALES WENT UP AFTER 9 OF THE LAST 11 PRESIDENTIAL ELECTIONS In election years, there's a sight slowdown in sales in November but they tend to bounce back fast and climb the next year US. Annual Existing Home Sales Historically, the housing market doesn't send to different in presidential election a compared to other years Lisa Sturtevant Chief Economist at Bright MLS Election Year MORTGAGE RATES DECREASED LEADING UP TO 8 OF THE LAST 11 PRESIDENTIAL ELECTIONS Looking at the last 11 presidential elections, mortgage rates have historically come down slightly from July to November Change from July to November of Recent BH HS HOME PRICES WENT UP AFTER 7 OF THE LAST 8 PRESIDENTIAL ELECTIONS Prices generally follow the trend of what's already happening in the market. They usually rise even in election years U.S. Annual Median Sales Price of Existing Single- Family Houses Sold Election Years Election Year Change Difference 1980 12.19% to 14.21% +2.02% 1984 14.67% to 13.64% -1.03% 1968 10.43% to 10.27% -0.16% 1992 8.13% to 8.31% +0.18% 1996 8.25% to 7.62% -0.63% 2000 8.15% to 7.75% 0.40% 2004 6.06% to 5.73% -0.35% 2008 6.43% to 6.09% -0.34% 2012 3.55% to 3.35% -0.20% 2016 3.44% to 3.77% +0.33% 2020 3.02% to 2.77% 0.25% Year After Election PRESIDENTIAL ELECTIONS ONLY HAVE A SMALL AND TEMPORARY IMPACT ON THE HOUSING MARKET. IF YOU HAVE QUESTIONS LETS CONNECT. bhhscolorado.com 1970.249.4663 Real estate services in Montrose and beyond! 11 Offices and over 160 real estate brokers Call one of our trusted real estate brokers Trena Unrein, Brian Unrein, Autumn Barrett, Don Bailey, Jeff Keenfuss, Kree Christie, Linda Steil, Makaya Cervone, Michael Scott Dosch, Heidi Lutz, Mehdi Sepah, and Donna Justin New Price ! BERKSHIRE HATHAWAY HOMESERVICES COLORADO PROPERTIES Open House - Saturday , July 20th 11 AM-2PM MONTROSE $ 1,100,000 19700 6575 Road 3 Beds 14 Baths 3.432 sqft The Unrein Team 970 209 9947 & 970.596.6748 MONTROSE - INDIAN SPRINGS $ 489.000 63790 Jacaranda Way 4 Beds 13 Baths 12.372 sq . ft . Heidi Lutz & Mehdi Sepan 970 209 7235970243359 HOW DO PRESIDENTIAL ELECTIONS IMPACT THE HOUSING MARKET ? Are you wondering if the upcoming election will have an impact on the housing market ? Here's what history tells us you need to know if you're considering a move . Data shows home sales sow in November but quickly bounce back and rise the following year . Prices usually keep climbing And mortgage rates typically come down sightly . Presidential elections have only a small and temporary impact on the housing market you have questions , let's connect HOME SALES WENT UP AFTER 9 OF THE LAST 11 PRESIDENTIAL ELECTIONS In election years , there's a sight slowdown in sales in November but they tend to bounce back fast and climb the next year US . Annual Existing Home Sales Historically , the housing market doesn't send to different in presidential election a compared to other years Lisa Sturtevant Chief Economist at Bright MLS Election Year MORTGAGE RATES DECREASED LEADING UP TO 8 OF THE LAST 11 PRESIDENTIAL ELECTIONS Looking at the last 11 presidential elections , mortgage rates have historically come down slightly from July to November Change from July to November of Recent BH HS HOME PRICES WENT UP AFTER 7 OF THE LAST 8 PRESIDENTIAL ELECTIONS Prices generally follow the trend of what's already happening in the market . They usually rise even in election years U.S. Annual Median Sales Price of Existing Single- Family Houses Sold Election Years Election Year Change Difference 1980 12.19 % to 14.21 % + 2.02 % 1984 14.67 % to 13.64 % -1.03 % 1968 10.43 % to 10.27 % -0.16 % 1992 8.13 % to 8.31 % + 0.18 % 1996 8.25 % to 7.62 % -0.63 % 2000 8.15 % to 7.75 % 0.40 % 2004 6.06 % to 5.73 % -0.35 % 2008 6.43 % to 6.09 % -0.34 % 2012 3.55 % to 3.35 % -0.20 % 2016 3.44 % to 3.77 % + 0.33 % 2020 3.02 % to 2.77 % 0.25 % Year After Election PRESIDENTIAL ELECTIONS ONLY HAVE A SMALL AND TEMPORARY IMPACT ON THE HOUSING MARKET . IF YOU HAVE QUESTIONS LETS CONNECT . bhhscolorado.com 1970.249.4663 Real estate services in Montrose and beyond ! 11 Offices and over 160 real estate brokers Call one of our trusted real estate brokers Trena Unrein , Brian Unrein , Autumn Barrett , Don Bailey , Jeff Keenfuss , Kree Christie , Linda Steil , Makaya Cervone , Michael Scott Dosch , Heidi Lutz , Mehdi Sepah , and Donna Justin