Why Battleground-State Housing Might Help Romney
Virginia (13 electoral votes)
The Old Dominion State's housing market appears to have bottomed out early this year, but Virginia Realtors Association President-Elect Mary Dykstra doesn't think many voters have noticed.
"I see the numbers and things are getting better, but I don't think it's a hot topic [among Virginians]," she says. "I think people have gotten accustomed to housing just not being so great."
The latest figures show that Virginia's median home prices hit $247,950 in August -- a 3% gain over the past year and a 21% rebound from the $204,950 bottom they reached in January. Median prices are still down 16% from their June 2007 peak of $295,000, though. Dykstra adds that voters where she lives in Southeast Virginia -- near regulation-wary coal country and the hard-hit furniture-manufacturing center of Martinsville -- are more worried about jobs than housing. "What I hear from my own clients is a general cynicism that the whole country seems to share: 'Nobody in office is going to make my house worth more,'" Dykstra says.Select the service that is right for you!
COMPARE ALL SERVICESAction Alerts PLUS
TRY IT FREEJim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
Product Features:
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
TheStreet Quant Ratings
TRY IT FREENew! $49.95/yr
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
Product Features:
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Stocks Under $10
TRY IT FREEDavid Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.
Product Features:
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
- Weekly roundups
Dividend Stock Advisor
TRY IT FREEJim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Product Features:
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
TRY IT FREEAll of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
Product Features:
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Options Profits
TRY IT FREEOur options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
Product Features:
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV