Surprisingly, I’m not referring to the coronavirus, but who will be our next president? Next to the coronavirus, it’s the biggest question on everyone’s mind — as one broker stated, “uncertainty is the enemy of sales” Both buyers and sellers are waiting to see an outcome.
But do elections really influence the real estate market?
Yes, according to a data analysis produced for The Real Deal by Miller Samuel CEO Jonathan Miller, who examined co-op sales in New York City between 2008 and 2019.
Click here to read the election real estate study
