photo credit: Office of Governor Patrick

New Home and Existing Home Sales Still Down, its the job market recovery that will help the housing market bounce back. With home owners experiencing a negative equity with their homes, now and for at least another year, its the decrease of unemployment and looser credit standards that will help not only the housing market, but the economy get back on its feet, and help America experience a sustained recovery in housing. Jobs seem to be the answer to the housing recovery.

If unemployment fell to roughly 7 percent it would help the economy enjoy a recovery, however, the outlook isnt what we hope it would be. There is nothing on the horizon to indicate that type of recovery is near, in fact there are no economist predicting that type of recovery, at least not in the next year.

Watch the full video with Tim Dwyer, CEO of Entitle Direct Group and founder of Entitlediret.com.

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Posted in Industry Events, Press Room, MBI Headlines, Buyer Resources, Online Education

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