Some of our Lifestyle Videos

Free Home Value Report Search For Homes

Expert Tips for Home Buyers & Sellers

As your Chicagoland real estate agent Michael LaFido, I want to be your resource for all things real estate. Whether you are buying, selling, or investing in real estate, I am here to guide you through the process. Subscribe to this blog to learn all of the latest news from our local market and receive expert tips for buying or selling a home.

How Will the Election Affect Our Real Estate Market?


The upcoming presidential election has left a lot of questions up in the air about our economy. Here is the effect I think it will have on the market.

Considering Selling in 2016: Click here for a Free Price Evaluation
Considering Buying in 2016: Get Gateway Access to the MLS

I’ve got two things that I’d like to talk to you about today.

First, I’d like to tell you about an exciting property we recently listed: The Cloverleaf Ranch. You may have read about it in Crain’s Chicago Business because it’s the highest-priced single-family home in Illinois at $18.9 million. Of course, it’s not your typical home; it is actually a hunting lodge.

The ranch is located near Princeton, Illinois on more than 1,217 acres of land. The property includes an FAA grass runway, a shooting range, in addition to a 34-acre lake stocked with walleye, muskie, large and smallmouth bass that some have called “the best fishing in the Midwest.” Check out the pictures and video to see all that The Cloverleaf Ranch has to offer.

Secondly, I’d like to talk about a topic that’s obviously on everybody’s minds: the upcoming election. With such a major election coming up, I’ve been asked many times how I think that the presidential election will affect the stock market and the real estate market, so I’d like to break that down for you today.


The stock market does well under split governments.


Though some may have you believe otherwise, the stock market is not always affected by presidential approval ratings. The market may be hot when a president has a low approval rating, or it may be cold when a president has a high approval rating.

In addition, though we have a split government right now with a democratic president and a republican house and senate, the stock market actually benefits from the checks and balances required to run the government. In fact, under split governments, the stock market has averaged a 7% annual increase historically, versus a one-party government when the stock market only sees a 4.6% annual increase.

Keep this in mind during this upcoming election because split governments do not necessarily have a negative impact on the economy. Either way, we’re expecting to see a major spike in activity on the real estate market after the election, so be prepared!

If you have any other questions about how our market may be impacted by the election or anything else related to real estate in the Chicagoland area, give me a call or send me an email. I’d be happy to help you!

21 comments :

  1. Good article so far for Election America. Though now we know the name of US president. He is Trump. Actually, I didn't think that Trump will won the election. It's really magical for him. And I think it may not effect on our real estate business.

    ReplyDelete
  2. Be that as it may, there are other people who don't take after land contributing as a calling yet at the same time need to put resources into land (as it is an appealing road for venture). http://www.ramcolb.com

    ReplyDelete
  3. The knowledge base is certainly one thing important to think about when choosing whether or not to work together with them. Nevertheless, you may not have recognized all of the possible areas of information for you to take into account. Seaside Residences East Coast

    ReplyDelete
  4. The first thing to look for is the reputation of the real estate broker. A real estate broker who has good reputation would have earned it over a period of time by helping buyers get the property of their choice (and as per their needs), at the same time getting a good price for the property seller.
    Lethbridge real estate

    ReplyDelete
  5. Region will stand its partner individuals under local law which will be acknowledged and to be obeyed by every last individual's part. apartments for rent lebanon

    ReplyDelete
  6. These wishes vary and even though builders who sell houses take great care in making and planning the houses they build, http://www.ferrillconstruction.com/

    ReplyDelete
  7. While Cebu keeps on getting a charge out of a hearty land industry, it is vital that purchasers should be knowledgeable with a specific end goal to make the most out of the land showcase. http://danielscitycentrecondos.ca/

    ReplyDelete
  8. . This infers you need a sensible spending arrangement. If you don't have arranged cash, then certification that you're financing strategies are strong. Condosbay.ca

    ReplyDelete
  9. I've been surfing online over three hours today, yet I never discovered any fascinating article like yours. It's really sufficiently worth for me. As I would see it, if all website admins and bloggers made great substance as you did, the web will be significantly more helpful than any other time in recent memory. Eboni Mckelvy

    ReplyDelete
  10. Good composed article. It will be strong to any individual who uses it, including me. Continue doing what you are doing – can'r hold up to peruse more posts. sell my house fast jacksonville fl

    ReplyDelete
  11. Thanks a lot for sharing this useful info! You are absolutely right that the stock market is not always affected by presidential approval ratings. The house values decrease during elections.

    ReplyDelete
  12. You have done a great job. I will definitely dig it and personally recommend to my friends. I am confident they will be benefited from this site.
    real estate in Stone Oak

    ReplyDelete
  13. So you have real estate brokers, real estate investors, real estate attorneys and others who thrive mainly on the real estate industry. parc riviera condo

    ReplyDelete
  14. i never know the use of adobe shadow until i saw this post. thank you for this! this is very helpful. Austin Homes For Sale

    ReplyDelete
  15. It would be easy to write a 2010 real estate forecast by repeating the industry line that "the new year will mark a turnaround for real estate values.
    Kingsford Waterbay Sales Team

    ReplyDelete
  16. There is no doubt that the elections affect the real estate market. Thanks for this stuff. Click here to visit the website that can help you a lot in searching the best place.

    ReplyDelete
  17. This is considerably more genuine when attempting to anticipate the developments of entire markets. It is anything but difficult to watched if the estimation of stocks is diminishing or expanding and positively it is evident if the market is displaying bizarre conduct. mcitycondosdeal.ca/m-city-photo-gallery/

    ReplyDelete
  18. Majority of residents are choosing to rebuild rather than to relocate. As per the statements of the New York real estate brokers, the storm has only affected the coastline with just about 1% of New York real estate. KPM

    ReplyDelete
  19. Just like bank card or mortgage loan providers, performing qualifications record assessments on organizations gives you an idea of a company's popularity and perform attitude. Renovation contractor singapore

    ReplyDelete
  20. I read a article under the same title some time ago, but this articles quality is much, much better. How you do this.. Commercial Development Massachusetts

    ReplyDelete