How Will the Recession Turn Around?

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NOV

By Rachel Rosson

Many interrelated economic forces will have to reverse directions for the US economy to prosper.
-Businesses must make profits.
-Consumers must spend.
-Financial, credit systems must operate normally.
-Household debt service must return to normal.
-Employment must stabilize and then grow.
-Home prices must stabilize and then grow.
-Return of investor confidence.

Source: Dr. Gaines of the Real Estate Center at Texas A&M University.

Disclaimer: The views and opinions expressed in this blog are those of the author and do not necessarily reflect the official policy or position of the Houston Association of REALTORS®