Judy Graff's sublime-to-the-ridiculous (well, mostly ridiculous) take on real estate for east San Fernando Valley and North Los Angeles communities. This includes Hollywood Hills, Burbank, Studio City and Toluca Lake real estate and homes for sale, and also covers Valley Village, North Hollywood, Glendale, Atwater, Highland Park, Silverlake, Sherman Oaks and other L.A. areas too. General news and musings as well.
Monday, November 03, 2008
A Realtor-take on the election
This is my third presidential election as a Realtor. How do these elections effect the market? Like everything else, hope is good and uncertainty is bad, and not just for home prices. No, I don't believe that prices will begin to turn around after tomorrow. But if the general zeitgeist is positive, buyers feel better about purchasing. For this reason and many others, I support Barack Obama. I don't expect his election will bring us rainbows, unicorns, and a Dow at 20,000; the economy is still going to be tough for the foreseeable future. But I think there's no doubt that his message has been one of hope and positive change. And I expect him to continue to deliver that message if he is elected.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment