flexiblefullpage - default
interstitial1 - interstitial
Currently Reading

Housing: Housing Market Recovers by 75 Percent, Trulia Finds

Advertisement
billboard -
Sales

Housing: Housing Market Recovers by 75 Percent, Trulia Finds

But making it the rest of the way back will depend on millenial employment, loosening credit rules, and increased saving


February 9, 2015
Housing Market Recovers by 75 Percent, Trulia Finds

Data from Trulia suggests the housing market is about three-quarters of the way back to “normal,” Construction Dive reports.

These findings are based on Trulia’s Housing Barometer, which analyzes existing home sales, home prices, the delinquency and foreclosure rate, new construction starts, and the employment rate among young adults.

Young adult employment, which was was less than half way back to pre-recession level and the weakest among these indicators, is a significant factor in the recovery. “Young adults need jobs in order to move out of their parents’ homes, form their own households, and eventually become homeowners,” says Trulia Chief Economist Jed Kolko. “For those reasons, the housing recovery depends on millennials getting jobs.”

Read more at Construction Dive.

Related Stories

4 Qualifying Questions For When Clients Come Calling

Asking the correct questions impacts your ability to plan well—Are you covering these bases on the first call?

Cracking the Remodeling Sales Code

What's the secret to great remodeling sales in today's market? Mark Richardson offers 10 suggestions

Contractors Release App Made for the “Remote Quote”

RENDR is a new app built by contractors, for contractors

Words Matter: What to Say and Avoid in Remodeling Sales

Industry advisor Mark Richardson says to stop using "contract" and "change order." Read why and what to say instead

5 Sales Techniques to Master

Use these techniques to master selling in today and tomorrow's market

2023 Game Plans: Modest Growth Expected in Bathroom Remodeling Market

Remodeling industry Thought Leaders share their perspectives on growth, challenges, and plans for the new year

10 Questions to Filter Clients

The more you can differentiate between good and bad customers, the healthier your company will be

How to Master the Art of Language in Remodeling Sales

Mark Richardson says it's a remodeler's obligation to communicate, not your client, trade partner, or team's responsibility to understand

Tips for Qualifying Leads in Today's Market

Jenny Rice developed Icon Building Group's division from the ground up. She talks managing leads and budgets in today's changing market.

5 Themes for Mastering Remodeling Sales

"Get out of this notion that sales isn't a respectable thing. Those in sales do the best out there in terms of what they can accomplish."

Advertisement
boombox1 -
Advertisement
native1 -

More in Category




Advertisement
native2 -
Advertisement
halfpage1 -