Putting the Pressure on Obama and McCain

Nearly half of all home buyers (44%) believe the housing market will improve once the new President takes office in January, 2009, according to a new survey recently released conducted by Harris Interactive® and commissioned by Move, Inc., operator of Realtor.com®.Forty-eight percent of women and 41 percent of men who plan to buy a home in the current market said they think the housing market will get better once the new President is in office.

It is not the idea that the housing market will "improve" that I'm scoffing at, but the confidence people put in an Office to help achieve it. On what grounds will the new Head of State help improve the real estate market? Start buying houses? Tell Congress what to do? Manhandle the FED? Good luck.

Read the whole article. There are some interesting stats about barriers home buyers report they're facing when considering a purchase.