With inflation and interest rates taking many buyers out of the market, our economy may well be on its way, or already in a recession.
This week we’ll look at 3 of 6 key indicators builders can use to Predict the impact of a recession on their local housing market.
Listen to this second and last part of a two-part series that will explore whether or not the housing market is headed for a recession.
Part II: 3 More Key Indicators for Builders
• Unemployment rate and trend
• Real estate layoffs- Compass, Redfin
• Banking layoffs- 10% by year-end?
• Local Area Unemployment Statistics
• Is your county growing, shrinking, or even?
• Housing market indicators to watch (slide 9)
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