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Will Obama Help Boost the US Property Market?

barack-obama

Yesterday we were part of history being made. Martin Luther King’s dream has finally become reality as the people of the United States elected senator Barrack Obama into the presidential seat.

All around the world, newspapers, blog posts and radio shows were talking about a new dawn, a renewed sense of belonging and humanity all thanks to this charismatic leader called Obama.

But it is early days yet and there is no doubt that Obama will have his plate full to the brim with concerns about the economy, the global credit crunch and the war against terrorism. The question is, how will Obama’s election affect the US property market?