Sell your house now before it’s too late! What’s coming for real estate if Harris wins?

The 2024 election is fast approaching, and the future of the real estate market hangs in the balance if Kamala Harris takes office. As we brace for potential changes, one thing is clear: the time is RIPE to sell your home while PRICES ARE SKYROCKETING and the market is hot. Today, we’ll dive into what lies ahead of the housing market under Harris — and why waiting to sell could cost you big.

Rick Kuci, COO of FundKite, believes that “If Kamala Harris wins the election, the housing market might see more affordable housing projects and increased opportunities for first-time homeownership.”

That means that the ongoing situation is the best time to sell your house at a high price. Harris has championed affordable housing and economic equity, which could flood the market with new developments. While that might sound good in theory, it spells trouble for current homeowners looking to sell at top dollar. According to Mark Zandi, chief economist of Moody’s Analytics, the real estate market could face serious shifts depending on the election results, and waiting could mean missing out on the current high prices.

Why risk your home’s value dropping?  Sell now before it's too late.

Why Sell Now?

Prices will drop.

With Harris’ push for affordable housing, the market could see an influx of lower-cost homes. This means more competition for sellers and a potential drop in housing prices. Strike now, while your home’s value is still riding high.

Higher interest rates, fewer buyers.

Higher borrowing costs are expected if Harris wins, pushing mortgage rates up and driving buyers out of the market. Fewer buyers mean less demand—and lower offers for your home.

Limited demand for high-value homes.

Harris’ policies may focus on affordable housing, making it tougher to sell higher-priced properties. Selling before these changes take effect could ensure you lock in a great offer now, before prices take a hit.

Capitalize on the hot market before  Harris’ policies take effect!

Take advantage of the hot market now

If you’re on the fence about selling, don’t hesitate! The current market is solid, but a Harris presidency could bring uncertainty, higher taxes, and fewer buyers. Selling your house now means capitalizing on the high prices before the real estate landscape shifts dramatically.

Final thoughts:

Harris’ potential policies could create a less favorable market for sellers, especially those with high-value homes.

Don’t risk waiting—sell now while the demand is strong and prices are still high. The clock is ticking! Protect your home’s worth – Sell before values drop!