springfield mo housing market: It’s Only Up from Here: How to Tell Your Housing Market has Hit Bottom
- 06/29/11 05:28 AM
When buying or selling a home in today's market, many people have the same concern: will the housing recession continue to get worse, or has my local housing market hit bottom and begun to improve? There are three major indicators a buyer or seller can look at to determine if the housing market in their area beginning to recover. Employment Local employment rates are a very important indicator of local housing market strength. Although the nationwide unemployment rate is still very high, the communities that are experiencing housing market recovery also have unemployment rates lower than national averages. A community that has recession-resistant … (2 comments)
When buying or selling a home in today's market, many people have the same concern: will the housing recession continue to get worse, or has my local housing market hit bottom and begun to improve? There are three major indicators a buyer or seller can look at to determine if the housing market in their area beginning to recover. 
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