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?    

   • Other layoffs    

   • Local Area Unemployment Statistics  

• Inflation

• Local Migration   

   • Is your county growing, shrinking, or even?   

   • Housing market indicators to watch (slide 9)

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