Considering it looks like we’re finally seeing significant jobs driven wage growth, that alone is going to fuel the housing market for a couple years until things slow down. Plus the economy usually loves it when the President and Congress are controlled by different parties; no one can change anything, and stability is good for making future plans. Of course the Dems will retake the Senate in 2016 and the Presidency may (but probably won’t) switch parties, so once the election rodeo starts up it may spook the market.