Election anxiety is keeping first-time homebuyers at bay: Redfin

Nearly a fourth of first-time homebuyers are delaying their plans due to election anxiety, according to Redfin’s latest market analysis published on Tuesday. The Seattle-based portal teamed with market research company Ipsos to survey 1,802 homeowners and renters on their sentiments about the real estate market. Of the 491 respondents who said they plan to purchase their first home within the next 12 months, 23 percent said they’re pausing their plans until after Election Day. Nearly a fourth of first-time homebuyers are delaying their plans due to election anxiety, according to Redfin’s latest market analysis published on Tuesday. The Seattle-based portal teamed with market research company Ipsos to survey 1,802 homeowners and renters on their sentiments about the real estate market. Of the 491 respondents who said they plan to purchase their first home within the next 12 months, 23 percent said they’re pausing their plans until after Election Day.