Friday, May 16, 2025
Chuck Marunde, J.D., Sequim Buyer's Agent (833) 770-1365


iRealty Virtual Brokers


Buyer's Agent

Sequim Washington

SUBSCRIBE
  • Home
  • Buyer’s Agent
  • Who is Chuck Marunde?
  • Contact Us
  • Search Homes
Tetralogy
No Result
View All Result
  • Login
  • Register
  • Home
  • Buyer’s Agent
  • Who is Chuck Marunde?
  • Contact Us
  • Search Homes
No Result
View All Result
iRealty Virtual Brokers
No Result
View All Result
Home Port Angeles Real Estate

The Presidential Election, Real Estate and the Economy

Chuck Marunde by Chuck Marunde
October 27, 2008
Reading Time: 2 mins read
0 0
1

President ObamaThe real estate market and the economy are in tatters.   I was going to write next that this isn’t front page news, but it still is.   Every day.   And next week on November 4th America elects its next President and Vice-President.   Who will that be and what will it mean for the real estate market and the economy?

Without expressing my personal preference here, I am quite certain the writing is on the wall and next week we will be hearing the title President Obama.   Not to get all political on you, but let’s face it, McCain has run the poorest presidential campaign most of us have seen in our lifetimes.   And to state the obvious, Obama is the darling of the press, although he has less experience than any presidential candidate in U.S. history.   It’s going to be a devastating loss to Republicans, and Democrats are about to take full control of the nation’s agenda not just for two presidential terms, but for an entire generation.   Mark my words Joe Biden.

We have finally reached the tipping point in America, and conservatism lost.   Despite all the passionate talk by conservatives about how they will continue to fight the good fight, and despite Republican strategist Ed Rollins’ claim that “We will be back,” the truth is, in my bold opinion, the nation has finally reached the point of no-return, the tipping point, and we will never go back to what we were.

What does all this mean for the real estate market, the stock market, and the economy?   Nothing and everything.   It means nothing, because despite the debate about what will happen to the stock market and the nation’s health depending upon who wins, the day after every election it is always business as usual.   The stock market does not care who gets elected, at least on the surface.

On the other hand, who is elected means everything in the long term.   Big and small businesses will adjust accordingly, and there are many variables.   Obama and his policies scare the daylight out of businessmen, and behind the scenes there will be much ado about everything.   The real estate business is in such a state of chaos that it probably doesn’t matter what federal policies come down the pike.   It will take a year and a half to two years before there is a semblance of order in the real estate market for sellers.

Meanwhile, it remains a buyer’s market, and the election will not change that.

Last Updated on October 27, 2008 by Chuck Marunde

Tags: electionPort Angeles Real Estate
ShareTweet
Chuck Marunde

Chuck Marunde

Chuck grew up in remote Alaska, graduated from the University of Alaska with a degree in Economics and Teacher Certification, and after teaching high school for two years, went to law school at Gonzaga University in Spokane, Washington. He served four years as a Captain and JAG in the USAF at Nellis AFB in Las Vegas. After practicing real estate law for 20 years in Washington, Chuck founded iRealty Virtual Brokers covering Sequim and the beautiful Olympic Peninsula. He is the author of 2,200 real estate articles and 60 books, and he produced over 100 real estate videos. Chuck combined his love for real estate and technology to create a massive Internet presence, and his articles and videos and books have been viewed by millions. Chuck is a well recognized real estate expert and his counsel is sought by other brokers and practicing attorneys around the country. Buyers from New York to Hawaii and from Florida to Alaska seek him out to retain him as their Sequim Buyer's Agent. 

Related Posts

Port Angeles Real Estate

Buying a Home is About Compromising

September 22, 2019
0
Port Angeles Real Estate

Port Angeles Home with a Mountain View

September 21, 2019
0
Port Angeles Real Estate

Port Angeles Mountain View

September 21, 2019
0
Port Angeles Home For Sale

Port Angeles Car Garage with Water View and Privacy

September 19, 2019
3
Port Angeles Real Estate

Port Angeles Real Estate for Sale

December 12, 2012
3
Port Angeles Real Estate

Port Angeles Real Estate

September 4, 2011
2
Next Post

A Delightful Trek in the Olympic National Park

Port Townsend at Sunset

Comments 1

  1. Dan says:
    12 years ago

    Thought provoking, and I also want to say my wife and I appreciate your Sequim real estate articles. Very helpful. God bless you!

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

This site uses Akismet to reduce spam. Learn how your comment data is processed.


Search 2,200 Articles by Category

Read Most Commented Articles

  • Trending
  • Comments
  • Latest
Buyer and Seller

What if a Buyer and Seller Talk to Each Other?

August 5, 2022
The Sequim Blue Hole

The Sequim Blue Hole – A Map of Rainfall

December 5, 2023
Dangers of Buying a Fannie Mae Foreclosure Through Homepath

Dangers of Buying a Fannie Mae Foreclosure Through Homepath

June 12, 2014
Prorate Propane

How to Prorate Propane at Closing

August 15, 2015
10 Best Places to Retire

Why is Sequim One Of The 10 Best Places To Retire?

September 22, 2019
Home Inspection

The Home Inspection and the Form 35R Inspection Response

January 8, 2013
Port Townsend Stinks

Why Does Port Townsend Stink?

April 16, 2019

FedEx Signature Waiver

September 21, 2012
Buyer and Seller

What if a Buyer and Seller Talk to Each Other?

47
print newspapers

Print Newspapers Losing Readers to the Internet

42
FNMA Killing Transactions by Requiring Private Road Maintenance Agreements

FNMA Killing Transactions by Requiring Private Road Maintenance Agreements

31
real estate documents

What Documents Does a Buyer Need to Buy Real Estate?

24
Hollywood movies in Port Angeles

Hollywood Movies Filmed in Port Angeles

21
roller skates, rollerblades, roll skates

Composite Decking by Home Inspector Tyler Conkle

20
Sequim Wells

Community Well Agreements

19
Sunland Golf Course

Is the Sequim Sunland Golf Course Going Bankrupt?

17
Chuck Marunde and Sabrina Marunde

Living in Sequim is Wonderful

April 5, 2025
Safest Place to Live

The Safest Place to Live: Survival Preparation

July 11, 2024
Best Place to Retire

Best Place to Retire: Florida or Sequim Washington?

June 29, 2024
Sequim MLS

What is the best Sequim MLS site when searching homes for sale?

June 23, 2024
Understanding The NAR Settlement

Understanding the NAR Settlement: What Homebuyers and Sellers Need to Know

July 6, 2024
Top Real Estate Agents

What to Look for In Top Real Estate Agents

June 17, 2024
real estate crash

The Coming Real Estate Crash

June 9, 2024
NWMLS vs OLS

NWMLS vs OLS in Sequim

July 14, 2024

Popular Stories

  • Buyer and Seller

    What if a Buyer and Seller Talk to Each Other?

    0 shares
    Share 0 Tweet 0
  • The Sequim Blue Hole – A Map of Rainfall

    0 shares
    Share 0 Tweet 0
  • Dangers of Buying a Fannie Mae Foreclosure Through Homepath

    0 shares
    Share 0 Tweet 0
  • How to Prorate Propane at Closing

    0 shares
    Share 0 Tweet 0
  • Why is Sequim One Of The 10 Best Places To Retire?

    0 shares
    Share 0 Tweet 0

"I wish I read this before selling my
home. I could have saved $50,000." Andy 

Leaving Comments   I hope you’ll join our community and leave comments from time to time. Please realize that comments, if approved, will be public, so do not use any personal information you don’t want broadcast to the world, and definitely don’t leave a phone number. Comments are not the place to ask Chuck Marunde for help in finding a home. To do that, call or text Chuck.

Neither Chuck Marunde nor iRealty Virtual Brokers offers legal advice on this site. Please Read Our Legal Disclaimer

If you’d like to view how we protect your privacy, see our Privacy Policy.

iRealty Virtual Brokers

iRealty Virtual Brokers reaches out to buyers around the United States with thousands of online articles, MLS sites, apps, real estate books, videos, and much more specifically to help buyers find all the answers to their questions.

iRealty Virtual Brokers
125 Olympic Ranch Ln
Sequim, Washington 98382
Text: (833) 770-1365

Search the MLS in Washington State:

Sequim MLS Map Search

The largest independent real estate blog in the State of Washington with over 2,200 articles totally focused on our client’s best interest, their needs and their curiosity. All free and 100% reliable. I’m here if you need me, 



© 2006-2024 iRealty Virtual Brokers and Chuck Marunde

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

*By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Buyer’s Agent
  • Who is Chuck Marunde?
  • Contact Us
  • Search Homes
  • Login
  • Sign Up

© 2006-2024 iRealty Virtual Brokers and Chuck Marunde

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.