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ActiveRain Member Support
Seattle, WA

Please lets keep this respectful.  ARMS will be watching.

Nov 06, 2024 04:07 AM
Rainmaker
523,429
Katina Hargrove 352-551-0308
Stake Your Land Realty, Inc. - Eustis, FL
Broker/Owner, SFR®, e-PRO®, GRI, AHWD, REALTOR®

Fred Griffin Florida Real Estate 

We are very hopeful this morning. We still need to pray:) Katina

Nov 06, 2024 06:07 AM
Rainmaker
873,700
Brenda Mayette
Miranda Real Estate Group, Inc. - Glenville, NY
Getting results w/ knowledge & know-how!

I say "YES!" & "YES!"

Nov 06, 2024 06:18 AM
Rainmaker
4,737,175
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

"Predictions" have never been my specialty.  Of course, I have "opinions".  But you know what is said about those too.  

Nov 06, 2024 04:56 AM
Rainmaker
983,204
Pete Xavier
Investments to Luxury - Pacific Palisades, CA
Outstanding Agent Referrals-Nationwide

There is hope for that, though I choose to create my own economy. I'm just happy that the deaths of Peanut and Fred was avenged.

Nov 06, 2024 04:55 AM
Rainmaker
1,100,809
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

Yes and yes! 

Nov 06, 2024 06:08 AM
Rainer
486,334
Clay R. Seay
Florida Homes Realty & Mortgage - Saint Augustine, FL

It cannot get much worse....but hopefully the USA will rebound under a new administration. 

Nov 06, 2024 05:15 AM
Rainmaker
1,619,361
Thomas J. Nelson, REALTOR ® CRS,ABR,PSA,RCS-D, ePRO
Big Block Realty 858.232.8722 - La Jolla, CA
Serving Coastal San Diego, Veteran's & Seniors

🎼"I know that the hypnotized never lie"🎶 so, we'll see. 🤡

Won't Get Fooled Again - Wikipedia

Nov 06, 2024 07:23 AM
Rainmaker
2,848,062
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Absolutely...look for so many changes for the better making it impossible to list them all. Count ourselves lucky to behold living history & prosperity

Nov 06, 2024 06:45 AM
Rainmaker
5,310,802
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Real Estate Broker

Good morning, Fred... I am very hopeful.

Nov 06, 2024 06:30 AM
Rainmaker
2,520,703
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

I believe so Fred Griffin Florida Real Estate . Hopefully the new administration will get interest rates back to where they were 4 years ago.

Nov 06, 2024 06:25 AM
Rainmaker
2,288,415
Andrew Mooers | 207.532.6573
MOOERS REALTY - Houlton, ME
Northern Maine Real Estate-Aroostook County Broker

Value of the dollar is up, spiked with election news. There's your sign.

 

Nov 06, 2024 05:41 AM
Ambassador
3,430,007
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services
Nov 06, 2024 10:45 AM
Rainmaker
6,002,915
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

The stock market sure has a good reaction to the news.

Nov 06, 2024 07:43 AM
Rainmaker
8,149,425
Roy Kelley
Retired - Gaithersburg, MD

Watch for the reaction of the stock market.

Nov 06, 2024 04:37 AM
Rainer
491,768
David M. Dwares
Title Professionals Corp. - Fort Lauderdale, FL
Title guy with a broker license

The big question is whether the people who said they were waiting to after the election to buy will actually do so, or come up with another excuse such as waiting to after the holidays.

Nov 06, 2024 06:50 AM
Rainmaker
1,538,434
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Stock market already surged. Bitcoin was on a race up last night.  This will be good for the real estate market.

Nov 06, 2024 09:08 AM
Rainmaker
942,327
Carla Freund
Keller Williams Preferred Realty - Raleigh, NC
NC Real Estate Transition & Relocation 919-602-848

I certainly hope so. So for it is looking positive. 

Nov 06, 2024 09:04 AM
Rainmaker
1,291,732
Peter Mohylsky,
PMI. Destin - Miramar Beach, FL
Call me at 850-517-7098

I think we all know the answers to these questions.  It will be what it will be.  There is a time and place for everything,

Nov 06, 2024 07:52 AM
Rainmaker
1,258,649
Doug Dawes
Keller Williams Evolution - 447 Boston Street, Suite #5, Topsfield, MA - Topsfield, MA
Your Personal Realtor®

That remains to be seen. I still see prices rising, people getting taxed out of their homes, and those whose dream of homeownership is challenging. There needs to be a correction.

Nov 06, 2024 02:08 PM
Rainmaker
2,249,164
Michael J. Perry
Fathom Realty - Lancaster, PA
Lancaster, PA Relo Specialist

Energy is a huge part of our Economy. My state PA could supply Natural Gas to all of NATO 

Nov 07, 2024 08:14 PM
Rainer
414,084
Don Baker
Lane Realty - Eatonton, GA
Lake Sinclair Specialist

my thoughts are it will take a while.  But drill baby drill. 

Nov 07, 2024 09:54 AM
Rainmaker
5,481,782
Wayne Martin
Wayne M Martin - Oswego, IL
Real Estate Broker - Retired

Time will tell, but my thinking this point is a definite yes!

Nov 07, 2024 04:09 AM
Rainmaker
789,254
Tony Lewis
Summit Real Estate Group - Valencia, CA
Summit Real Estate Group Valencia & Aliso Viejo

Yes, the way it turned out.

Nov 06, 2024 06:07 PM
Ambassador
5,486,412
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

Well, I'd be crazy to say anything other than absolutely and YES!

Nov 08, 2024 09:48 PM
Rainmaker
662,373
Buzz Mackintosh
Mackintosh REALTORS - Frederick, MD
“Experience, reliable, leadership”

I believe we are about to enter a new golden era and hopefully the current DOJ will be replaced so our industry can breath a little easier!☺️

Nov 08, 2024 07:57 AM
Ambassador
6,685,936
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Okay then

Nov 06, 2024 12:28 PM
Rainmaker
932,948
Jeff Pearl
Samson Properties / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

I think yes and yes.

Nov 08, 2024 02:13 PM
Rainmaker
922,129
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

Only time will tell.

Nov 09, 2024 01:56 PM
Rainer
372,794
Adam Feinberg
Elegran - Manhattan, NY
NYC Condo, Co-op, and Townhouse Advisor

I would rather comment on the data side of this issue rather than politics. When I look at the St. Louis Fed Median home price chart independent of any other factors- it's pretty clear we are in a housing bubble. https://fred.stlouisfed.org/series/MSPUS . Again based on this chart- it looks like the median home price is overvalued about roughly $100k vs historic price growth. That said- the chart doesn't accurately account for the housing shortages in many parts of the nation. Even with housing shortages- price appreciation is well above salary increases. At best- I could see national home prices appreciating through artificial means. In this scenario- pretend and extend can work for awhile- but there won't be a happy ending. Hopefully, we don't go down this path. The best way for real growth in housing prices is for salaries to increase rather than having the Fed/other government interventions. It's a balancing act that we rarely achieve- but it is possible. My market is historically contrarian, and we didn't even keep up with normal levels of inflation in the last few years- but I expect this to change soon.   

Nov 16, 2024 12:42 AM