The Real Estate Show

Radio Show Notes 10/17/24 Thursday:

Read a summary of the show below or

Listen Here

Watch Live Facebook Video Here

Do Elections Really Affect Home Sales and Prices? The Truth Revealed!

By Eric Willner, Investor, Coach, and Host of The Real Estate Show, America’s longest running daily radio show about real estate.

Key Points:

·  Elections' Impact on the Housing Market: While Presidential elections can create a temporary slowdown in home sales, especially in November, the effect is typically short-lived, with sales often rebounding in December and continuing upward the following year.

·  Resilience of Home Prices: Historical data shows that home prices tend to remain stable or even increase during election years, with market trends driven more by broader economic factors than by political cycles.

·  Mortgage Rate Trends: In many election years, mortgage rates have shown a tendency to decrease in the months leading up to November, offering potential homebuyers a chance to secure lower rates.

·  Importance of Housing as a Key Election Issue: Rising home prices and affordability concerns have made housing a central focus in the 2024 election, with both buyers and investors watching for potential policy shifts that could affect the market.

·  Now is a Strategic Time to Buy: Despite election uncertainties, the combination of resilient home prices, potential for lower mortgage rates, and strong rental demand makes this an opportune time for both first-time buyers and seasoned investors to enter the market.

Did you know that Presidential elections can temporarily affect home sales and mortgage rates? ?Did you know that home prices have historically remained strong through election years? Did you know that understanding election trends can give you an edge in your real estate decisions? 

Welcome to The Real Estate Show – South Florida’s #1 Real Estate Radio Show and America's longest-running daily radio show about real estate. I'm your host, Eric Willner, known as the Voice of Real Estate, and the founder of America’s longest-running daily radio show about real estate. I’m also the creator of The Automatic Landlord System for Owning Cash Flowing Real Estate “Profitably and Hassle-Free”. Our show is your virtual real estate seminar, packed with expert insights, practical strategies, and the knowledge you need to thrive in the real estate market. AND it's the only show that puts money back in your pocket! 

Theme: Do Elections Impact the Housing Market?

Today is Thursday, and that means it’s the ATM – About The Money Edition of The Real Estate Show! Today, we explore how elections can impact the housing market, and why housing is a key issue this election. With the 2024 Presidential election just months away, understanding these dynamics can be the key to making the right real estate moves now.

Do You Know the Rules of Money?

Yes, there are rules to money, and mastering them is essential for financial success. Here are a few:

• The 1% Rule: Essential for investors to evaluate rental property cash flow.
• The 4% Rule: Helps with planning for retirement, showing how much you can safely withdraw from your investments.
• The Rule of 72: A quick way to estimate how long it will take for an investment to double at a fixed annual rate.

Knowing these rules is critical to building wealth through real estate, especially in an election year. Want to know more about how these rules apply to today’s housing market and why now is the time to buy real estate? Keep listening! 

Do Elections Impact the Housing Market?

It’s a question on many minds as we approach the 2024 election. Historically, Presidential elections have a small, temporary impact on the housing market. For example, November, the month of elections, often sees a slight slowdown in home sales due to uncertainty. However, this dip is short-lived, with sales typically bouncing back in December and continuing to rise the following year. In fact, after nine of the last 11 elections, home sales increased in the next year.

What about home prices? They tend to remain resilient. Data from the National Association of Realtors shows that after seven of the last eight Presidential elections, home prices went up the following year. This means that if you’re worried about your home’s value, history suggests you don’t need to be.

And when it comes to mortgage rates, they often decrease leading up to elections, creating a potential window of opportunity for buyers. Lower rates could mean a lower monthly payment, making now a great time to explore your options.

Wednesday’s Workshop Recap: Building a Streetsmart Community

We had a fantastic workshop last night with The Financial Edge Academy Overview. It was all about creating a community of money-smart individuals who know how to navigate today’s complex market. And let’s not forget the 72-Hour Challenge we introduced! It’s all about taking immediate action to get your finances in order. 

Commercial Break: “Debt is the middleman between you and financial freedom. Real estate is the best vehicle to eliminate that middleman!  Ready to take control of your finances and put more money back in your pocket? Join us for the 72-Hour Money Challenge—where financial experts do the work, and you reap the rewards! 

• Our Experts Do The Work: Unlike other programs, we provide a full team of financial experts to do the heavy lifting for you and anyone you refer.
• GUARANTEED SUCCESS: We guarantee to put more money in your pockets than our membership costs, or you get your money back!
• YOU GET PAID DAILY: Earn immediate and long-term residual income by referring others. Enjoy one of the highest member retention rates in the industry!

Every day you wait could be costing you hundreds or even thousands of dollars each month that you’ll never get back. Take the 72-Hour Money Challenge and start living your best financial life!  Text "EDGE" to 561-861-2366 to get started.”

Quantifying the Theme: Housing is a Key Issue This Election

Let's dive into some numbers to see why housing is such a critical issue in this election.

1. Example 1: A homeowner who purchased a property in 2019 at a 3.5% mortgage rate would pay roughly $1,000 less per month than someone buying the same property today at a 6.5% rate. That’s a savings of $12,000 per year! Imagine the impact of these savings on your financial goals and lifestyle. 
2. Example 2: A real estate investor who understands how to leverage rental income and tax deductions can save an average of $7,500 per year in property-related tax write-offs. Now multiply that by multiple properties, and you have a significant boost to your net worth! 

Do you see why housing is such a key issue this election? Understanding the policies that impact homeownership can be the difference between building wealth or missing out on opportunities.

Five Compelling Reasons Why Our Theme is Critical:

1. Interest Rates Matter: Policy decisions can make or break your ability to secure favorable financing.
2. Housing Affordability: Regulations and zoning laws can directly impact the availability of affordable housing.
3. Tax Benefits: From mortgage interest deductions to property tax credits, understanding tax implications is key.
4. Homeownership and Stability: Homeownership has been proven to promote financial stability and build generational wealth.
5. Market Trends: Knowing the right time to buy or sell can be influenced by political shifts and economic policies.

Today's Show and Better Credit Are Brought to You By: www.TimeToFixMyCredit.com. Don’t let bad credit hold you back from achieving your real estate goals! Text "Credit" to 561-861-2366 to learn more about building your financial edge and unlocking real estate success with good credit! 

Thinking about attending one of our free workshops this week? Text "EDGE" to 561-861-2366 to secure your spot today!

Let’s continue talking about why now is the time to buy real estate. With rising interest rates, it’s essential to know how to leverage current market conditions for your benefit. And with the election on the horizon, understanding the potential shifts in policy is more crucial than ever.

The Power of a 3-Pronged Approach:

Financial success isn’t built on a single strategy. It requires a balanced, three-legged approach:

1. I believe: Everyone should buy a house—be a homeowner.
2. I believe: Everyone should have that house in financial order with a written financial/life plan.
3. I believe: Everyone should own a business that pays them and provides tax benefits. This is the Financial Edge. Your financial team is here to help you every step of the way.

We have a 3-level, 5-star system to win at the money game. It includes:

• Level 1 - Save: Keep more of what you earn.
• Level 2 - Make: Grow your money with smart investments.
• Level 3 - Multiply: Leverage your investments for long-term growth.

Take advantage of our proven system and join our community of financially savvy investors. Text "EDGE" to 561-861-2366 to learn how to make your money work for you!

Conclusion

Today’s show has been all about understanding why housing is a key issue this election and how you can position yourself to benefit from the current market. We’ve talked about the rules of money, the power of knowing when to act, and why now is the time to seize opportunities in real estate.

Remember, it's not just about listening—it's about taking action! Use the information from our show to get started in real estate investing. And don’t miss our free workshops! Tomorrow, we’ll be back with our Friday Weekly Wrap-Up, summarizing the highlights of the week.

Remember: “It’s a stone-cold fact that real estate is the best investment. Period. It’s the IDEAL Investment.” So, share this show with friends and family—sharing is caring, and it might just help someone else achieve financial freedom too!

See you next time on The Real Estate Show, your daily seminar in real estate success! 

Also, you can listen to the entire 30 minute broadcast of any day’s edition of The Real Estate Show by clicking on the audio link on that days summary post. You can also watch the Facebook Live video at www.facebook.com/TheRealEstateShow.

Want to know more? If you are serious about real estate and paying off debt, then find out more on today and every day’s episodes and learn more about Real Estate Investing and learn HOW TO by listening to The Real Estate Show with Eric Willner , Live every weekday morning at 9 o’clock (EST) on Florida’s Money Talk Radio stations WWNN AM1470, FM 95.3 and FM 96.9. You can also hear us on the free apps: iHeart Radio and TuneIn. Recorded Rebroadcasts are available 24/7 on Facebook. Please share this and our Facebook updates.

Eric Willner is the Host and Founder of The Real Estate Show, an informative show about how to buy, own, and improve real estate the right way, on autopilot. - The Automatic Landlord way. (AutomaticLandlord.com) You can reach Eric Willner at Eric@Ericwillner.com or 888-595-7779.

Also listen to the rebroadcasts on demand on Facebook.com/TheRealEstateShow 

Eric Willner is the Host and Founder of The Real Estate Show, an informative show about how to buy, own, and improve real estate the right way, on autopilot. - The Automatic Landlord way. (AutomaticLandlord.com) You can reach Eric Willner at Eric@Ericwillner.com or 888-595-7779.

#TheRealEstateShow, #The.Real.Estate.Show, #EricWillner, #AutomaticLandlord, #Saving vs Investing, #ThirdHome, #BestRealEstate, #WSBR, #AM740, #FM 96.9, FM 103.9, #WWNN, #AM1470, #MoneyTalkRadio, #TheRealEstateLife, #speakingempire, #GKIC, #makeamericagreatagain, #F.I.R.E., #The Real Estate Show, #propertymanagement, #rent, #Saving, #Investing, #Debt Solutions, # So You Can Retire Debt-free, #RetireDebtFree, #VA Loan, #AutomaticDebtSolution, #Tax, #MWR