5 Factors to housing recovery
Josh Talayka | August 22, 2011
When you really break it down, there are 5 main factors that traditionally drive our market and will also be the same factors that will drive our recovery. The first 4 factors are easy to monitor and track: Housing Affordability, Job growth, Demographics and available credit. The 5th factor is more difficult to pin down (though not impossible), this is the “human” factor. Having an understanding of these 5 factors and their trends allow us to make reasonable predictions on how our market will develop in the near future.