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recent Redfin survey found that housing affordability is a significant issue for Trump supporters heading into the 2024 election, but it's not their top priority. While 29% of early Trump voters cited housing costs as a factor in their decision, they are more concerned with everyday expenses like groceries and gas.
In contrast, 43% of Harris supporters emphasized housing affordability, particularly in high-cost blue areas where skyrocketing home prices are a major concern. For Trump voters, the path to homeownership is tied to broader economic issues, including inflation, affording rent, and saving for a down payment.
The survey revealed that among all voters, economic factors like the cost of living and inflation were top concerns, with 63% citing the economy as the most important issue. Housing affordability ranked lower on the list. There was also a divide in expectations for mortgage rates, with more voters believing Trump's election would lead to lower rates compared to Harris.
realestate
Trump supporters weigh economic essentials over housing costs in 2024 election
New Redfin Survey: Early Trump Voters Prioritize Everyday Essentials Over Housing Costs
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Rockford Housing Market Gains Momentum with New Hispanic Real Estate Partnership
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Morgan Williams Joins Landings Real Estate Group Team
She oversees asset management and acquisitions as the company's director.