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Survey: Homebuyers increasingly pessimistic about election’s effect on housing market

ForSale-klh A house stands for sale Tuesday, June 7 for 824 East Pearson in Milwaukee. (Staff photo by Kevin Harnack)

Twenty-seven percent of homebuyers believe the 2016 presidential election will have a negative effect on the housing market, according to a survey of 975 homebuyers conducted in May by Redfin, a real estate brokerage firm. Pessimism regarding the election’s impact on the market has grown since Redfin last surveyed homebuyers in February.

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