Does Mitt Romney excite you? How about Ron Paul? Do you think Barack Obama has done a good enough job to stay in office?
If I had to guess, I’d say that most commercial real estate professionals would answer “no” to the Obama question. They might also answer “no” when it comes to being excited about Romney. But it’s little secret — at least according to my admittedly informal research (interviews with commercial real estate brokers) — that the majority of the commercial real estate pros in the Midwest would rather see a Romney-led White House than one governed by our current president.
It’s not surprising to me, then, to read the latest survey results from real estate Web site HomeGain. The company recently released its Second Quarter 2012 Home Values Survey Results, and the news wasn’t good for Obama.
According to the survey, 53 percent of residential agents and brokers said that they “strongly disapproved” of Obama’s performance. An additional 13 percent said that they “somewhat disapproved” of his performance. That’s a high 66 percent disapproval rating. But Obama’s been consistent in the HomeGain polls; in the second quarter of 2011, the president had a disapproval rating of 65 percent. In the first quarter of 2012, Obama’s disapproval rating stood at 66 percent.
Homeowners weren’t thrilled with Obama, either. According to the survey, 46 percent of homeowners “strongly disapproved” and 13 percent “somewhat disapproved” of the president’s performance. That comes out to a 59 percent disapproval rating from homeowners.
It should surprise no one, then, that 57 percent of real estate professionals and 43 percent of homeowners said that they’d vote for Romney over Obama in the presidential election. Only 31 percent of real estate professionals and 41 percent of homeowners said they’d vote for Obama.
A lot can change before the November presidential election. But I bet that real estate professionals — both commercial and residential — won’t change their feelings. If Obama is to hang on for a second term, it won’t be because of any love he receives from the real estate industry.