The Obama administration has been a big supporter of the housing market, with efforts like its foreclosure prevention program -- the Home Affordable Modification Program -- and the Home Affordable Refinance Program
Analysts expect Obama will continue to bail out troubled homeowners, which will reduce the number of foreclosed homes hitting the market and, in turn, increase the demand for new homes for would-be buyers, said Sam Stovall, chief equity strategist at S&P Capital IQ.
That could continue to boost stocks of homebuilders like Hovnanian (HOV), Pulte Group (PHM), Lennar (LEN) and Toll Brothers (TOL).
A Romney victory, however, would likely result in more of a free market process, with greater foreclosures occurring in the near-term, said Stovall.
