A recent survey the National Association of Realtors finds that the housing market will one of the most important issues for voters in the 2012 election. Nearly one-third of respondents said housing will be the top issue on their mind when they head to the polls next November.
Housing accounts for more than 15% of the US. Gross Domestic Product. NAR estimates that for every two homes sold, one job is created.
Some recent indicators show that the economy might be starting to rebound, with pending home sales rising strongly in October, according to NAR’s Pending Home Sales Index.