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Obama’s victory will help real estate markets

November 11th, 2008

At National Association of Realtors annual conference, which took place in Florida, many delegates openly shared pleasure because of outcome of presidential race in the USA.
According to Peter Bolton-King, chief executive of the National Association of Estate Agents, political uncertainty has come to the end and realtors are convinced that if the economy will start to be stabilized, buyers will return to the real estate market.
Let’s remind that Barack Obama promised to found special fund in volume of $10 billion for the help to house owners, who face the problem of eviction for nonpayments under the mortgage, threatens.
According to the international real estate agency Hamptons International, in case if Obama will keep the promises and will bring changes to the USA real estate market, it will have positive influence on the real estate markets all over the world.

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