DID THE ELECTION HELP OR HURT REAL ESTATE?
Regardless of how you feel about the national election results, it appears homeowners and Realtor populations will benefit from them.
“It was a great night for us,” NAR Senior Vice President Jerry Giovaniello said regarding the Realtor Party (RPAC), and thereby the Realtor population and homeowners.
Giovaniello reports that over 90 percent of races RPAC was involved in were won last night, which is a huge win given that members of Congress are aware of this track record.
With Republicans controlling the White House, Congress, and Senate, what of state and local elections? NAR Political Consultant Doug Sosnik pointed to three election wins that RPAC was highly involved in – Governor Gary Herbert (R-UT), Governor Phil Scott (R-VT), and a constitutional amendment in Missouri to ban sales taxes on services.
Read more about the real estate industry’s future under a Trump presidency at TheRealDaily.com.