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Its an exciting but also tense and highly contentious time.
This is common during presidential election years.
But they may be in for a rude surprise.
Additionally, with limited new inventory coming onto the market, competition remains high.
If interest rates do drop in the future, buyers can refinance later to take advantage of lower rates.
And now heres some math to better understand Wessers point.
All this will most likely lead to an increase in prices post-election.
This increased competition could put buyers at a disadvantage.
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