Will jobs fix the housing market or will housing fix the job market?

There is a lot of talk in the media today about the poor housing market and how an increase in employment would help bring the housing market back. However, the question is, will a recovery in the job market bring the housing market back, or will a recovery in the housing market bring the job market back?

Addressing this issue, is an opinion that came out today from RadarLogic that I found not only to be interesting, but a highly accurate assessment of the issue. In the RadarLogic opinion it is pointed out that during the housing boom, “a very large number of jobs” were created in the home building sector. Obviously many, if not most, of those jobs went away when the boom came to an end and then the housing market ultimately collapsed thereby, for the most part, ceasing construction of new homes. Unfortunately the short-term outlook is not good, as builders have to not only be concerned with the housing market, but also the competition created by distressed property sales in addition to the negative impact these sales have on home prices in general.

The RadarLogic opinion predicts that “sustained and robust job creation will not occur in the construction sector until the excess supply of homes is absorbed and homebuilding resumes in a sustained and robust manner. And even then, not all of the construction jobs lost in the great recession will return.”

RadarLogic feels that what is going on in the housing market, and home prices, is a “leading indicator to the US economy overall”, and I agree. The opinion states “among the reasons for this phenomenon is the correlation between Americans’ perceptions of their own wealth as expressed in the value of their homes and their willingness to recycle some of that wealth into our economy. So again, it seems to us that a recovery in housing values will precede a real recovery in our economy, spending, jobs and all.”

So rather than strong job growth driving a robust recovery in the housing market, RadarLogic predicts we will see slow absorption of excess housing supply and a slow stabilization in housing values eventually spur housing construction and consumer confidence, and in turn drive a recovery in jobs.

Print Friendly, PDF & Email

98 comments to Will jobs fix the housing market or will housing fix the job market?

  • Perfectly composed written content, thankyou for entropy.

  • Everything is very open and very clear explanation of issues. was truly information. Your website is very useful. Thanks for sharing.

  • As I website owner I conceive the articles here is real superb, appreciate it for your efforts.

  • Definitely consider that that you stated. Your favorite justification seemed to be on the internet the simplest thing to be mindful of. I say to you, I certainly get irked whilst people think about concerns that they just do not recognise about. You managed to hit the nail upon the highest and also outlined out the whole thing without having side effect , people can take a signal. Will probably be back to get more. Thanks

  • Good post and straight to the point. I don’t know if this is truly the best place to ask but do you people have any thoughts on where to employ some professional writers? Thanks :)

  • I’ve been surfing online more than 3 hours nowadays, but I by no means found any fascinating article like yours. It is beautiful worth enough for me. Personally, if all web owners and bloggers made just right content material as you probably did, the web will probably be much more helpful than ever before. “When the heart speaks, the mind finds it indecent to object.” by Milan Kundera.

  • I like what you guys are up too. Such intelligent work and reporting! Carry on the excellent works guys I’ve incorporated you guys to my blogroll. I think it will improve the value of my website :)

  • Hi there, just became alert to your blog through Google, and found that it’s really informative. I am gonna watch out for brussels. I’ll appreciate if you continue this in future. Numerous people will be benefited from your writing. Cheers!

  • What i don’t realize is if truth be told how you’re now not really a lot more smartly-liked than you might be right now. You are so intelligent. You know thus considerably in terms of this matter, produced me individually imagine it from a lot of varied angles. Its like men and women don’t seem to be involved until it?¦s something to accomplish with Girl gaga! Your own stuffs outstanding. All the time care for it up!

  • I love it when people come together and share opinions, great blog, keep it up.

  • I’m not that much of a online reader to be honest but your sites really nice, keep it up! I’ll go ahead and bookmark your site to come back down the road. Many thanks

  • I think other site proprietors should take this site as an model, very clean and magnificent user genial style and design, let alone the content. You’re an expert in this topic!

  • Hey, you used to write great, but the last few posts have been kinda boring… I miss your great writings. Past several posts are just a little bit out of track! come on!

  • I want gathering utile information , this post has got me even more info! .

  • I discovered your blog site on google and check a few of your early posts. Continue to keep up the very good operate. I just additional up your RSS feed to my MSN News Reader. Seeking forward to reading more from you later on!…

  • Great paintings! That is the kind of information that are supposed to be shared across the net. Shame on the seek engines for not positioning this publish higher! Come on over and talk over with my web site . Thank you =)

  • Very interesting points you have noted, appreciate it for putting up. “The only thing worse than a man you can’t control is a man you can.” by Margo Kaufman.

  • I used to be recommended this blog by way of my cousin. I am no longer positive whether this submit is written through him as no one else know such particular approximately my difficulty. You are amazing! Thanks!

  • As a Newbie, I am constantly browsing online for articles that can benefit me. Thank you

  • I view something truly special in this internet site.

  • Thankyou for this post, I am a big fan of this site would like to go on updated.

  • I like what you guys are up too. Such clever work and reporting! Carry on the excellent works guys I have incorporated you guys to my blogroll. I think it will improve the value of my website :)

  • Having read this I thought it was very informative. I appreciate you taking the time and effort to put this article together. I once again find myself spending way to much time both reading and commenting. But so what, it was still worth it!

  • There may be noticeably a bundle to learn about this. I assume you made certain nice factors in options also.

  • I have not checked in here for some time since I thought it was getting boring, but the last several posts are good quality so I guess I’ll add you back to my daily bloglist. You deserve it my friend :)

  • I’ve been absent for a while, but now I remember why I used to love this web site. Thank you, I will try and check back more frequently. How frequently you update your web site?

  • I truly enjoy looking at on this internet site, it has got good articles.

  • Very interesting info !Perfect just what I was searching for!

  • Appreciating the persistence you put into your website and in depth information you offer. It’s good to come across a blog every once in a while that isn’t the same unwanted rehashed information. Wonderful read! I’ve saved your site and I’m including your RSS feeds to my Google account.

  • I regard something really special in this internet site.

  • hello!,I love your writing so a lot! percentage we keep up a correspondence extra approximately your article on AOL? I need a specialist on this space to solve my problem. Maybe that is you! Having a look forward to peer you.

  • I conceive this internet site has got some really great info for everyone. “The best friend is the man who in wishing me well wishes it for my sake.” by Aristotle.

  • Aw, this was a very nice post. In concept I would like to put in writing like this moreover – taking time and precise effort to make an excellent article… however what can I say… I procrastinate alot and under no circumstances seem to get one thing done.

  • After all, what a great site and informative posts, I will upload inbound link – bookmark this web site? Regards, Reader.

  • Hello, Neat post. There is an issue with your website in internet explorer, might check this… IE nonetheless is the marketplace leader and a good part of other people will omit your great writing because of this problem.

  • As a Newbie, I am permanently exploring online for articles that can be of assistance to me. Thank you

  • Hi, Neat post. There is a problem with your web site in internet explorer, would check this… IE nonetheless is the marketplace chief and a huge part of other folks will leave out your magnificent writing because of this problem.

  • Thanks for the sensible critique. Me & my neighbor were just preparing to do a little research about this. We got a grab a book from our local library but I think I learned more clear from this post. I’m very glad to see such wonderful info being shared freely out there.

  • You have brought up a very great details, thanks for the post.

  • This design is incredible! You obviously know how to keep a reader entertained. Between your wit and your videos, I was almost moved to start my own blog (well, almost…HaHa!) Great job. I really enjoyed what you had to say, and more than that, how you presented it. Too cool!

  • You are a very smart person!

  • Thanx for the effort, keep up the good work Great work, I am going to start a small Blog Engine course work using your site I hope you enjoy blogging with the popular BlogEngine.net.Thethoughts you express are really awesome. Hope you will right some more posts.

  • Excellent website. Lots of useful information here. I am sending it to a few buddies ans additionally sharing in delicious. And obviously, thanks for your sweat!

  • I do not even know how I ended up here, but I thought this post was good. I don’t know who you are but certainly you are going to a famous blogger if you are not already ;) Cheers!

  • After examine just a few of the weblog posts in your web site now, and I truly like your way of blogging. I bookmarked it to my bookmark website listing and will probably be checking back soon. Pls take a look at my site as effectively and let me know what you think.

  • Thank you, I’ve recently been looking for information about this subject for ages and yours is the greatest I’ve discovered so far. But, what about the conclusion? Are you sure about the source?

  • I discovered your blog site on google and check a few of your early posts. Continue to keep up the very good operate. I just additional up your RSS feed to my MSN News Reader. Seeking forward to reading more from you later on!…

  • Great ?V I should definitely pronounce, impressed with your web site. I had no trouble navigating through all the tabs and related information ended up being truly easy to do to access. I recently found what I hoped for before you know it in the least. Reasonably unusual. Is likely to appreciate it for those who add forums or something, site theme . a tones way for your customer to communicate. Nice task..

  • This web site is really a walk-through for all of the info you wanted about this and didn’t know who to ask. Glimpse here, and you’ll definitely discover it.

  • My wife and i were very more than happy when Peter could conclude his preliminary research using the ideas he came across when using the blog. It’s not at all simplistic to simply always be freely giving secrets and techniques the others could have been making money from. And now we know we need the blog owner to give thanks to for this. The type of explanations you have made, the simple web site navigation, the friendships you aid to promote – it is many astounding, and it’s leading our son and the family do think the topic is cool, which is particularly pressing. Many thanks for all!

  • Hi my family member! I want to say that this post is amazing, nice written and include almost all significant infos. I would like to look extra posts like this .

  • The next time I read a blog, I hope that it doesnt disappoint me as much as this one. I mean, I know it was my choice to read, but I actually thought youd have something interesting to say. All I hear is a bunch of whining about something that you could fix if you werent too busy looking for attention.

  • Hello my family member! I wish to say that this post is amazing, great written and include approximately all vital infos. I?¦d like to peer more posts like this .

  • Hello there, I found your website via Google while looking for a related topic, your site came up, it looks good. I’ve bookmarked it in my google bookmarks.

  • You should participate in a contest for probably the greatest blogs on the web. I will suggest this site!

  • I just like the helpful information you provide in your articles. I’ll bookmark your blog and take a look at once more here frequently. I’m fairly certain I’ll be informed a lot of new stuff proper here! Good luck for the next!

  • Hello.This article was extremely remarkable, particularly because I was browsing for thoughts on this topic last Sunday.

  • Hello, i feel that i saw you visited my web site thus i got here to “go back the favor”.I am trying to to find issues to enhance my site!I guess its ok to make use of some of your ideas!!

  • Thanx for the effort, keep up the good work Great work, I am going to start a small Blog Engine course work using your site I hope you enjoy blogging with the popular BlogEngine.net.Thethoughts you express are really awesome. Hope you will right some more posts.

  • Real superb information can be found on blog. “I said I didn’t want to run for president. I didn’t ask you to believe me.” by Mario M Cuomo.

  • I genuinely treasure your piece of work, Great post.

  • I also conceive thus, perfectly written post! .

  • I got what you intend, thanks for putting up.Woh I am thankful to find this website through google. “I was walking down the street wearing glasses when the prescription ran out.” by Steven Wright.

  • Great – I should certainly pronounce, impressed with your website. I had no trouble navigating through all the tabs and related information ended up being truly easy to do to access. I recently found what I hoped for before you know it in the least. Quite unusual. Is likely to appreciate it for those who add forums or anything, site theme . a tones way for your customer to communicate. Excellent task.

  • you’re actually a just right webmaster. The web site loading speed is incredible. It sort of feels that you are doing any distinctive trick. Also, The contents are masterwork. you have performed a wonderful task on this subject!

  • You made a few fine points there. I did a search on the topic and found the majority of people will have the same opinion with your blog.

  • I like what you guys are up too. Such intelligent work and reporting! Keep up the excellent works guys I have incorporated you guys to my blogroll. I think it will improve the value of my website :).

  • Excellent beat ! I wish to apprentice whilst you amend your web site, how can i subscribe for a weblog website? The account aided me a appropriate deal. I have been tiny bit familiar of this your broadcast provided bright clear idea

  • I’m really loving the theme/design of your web site. Do you ever run into any web browser compatibility issues? A number of my blog visitors have complained about my site not operating correctly in Explorer but looks great in Opera. Do you have any tips to help fix this problem?

  • Great V I should definitely pronounce, impressed with your website. I had no trouble navigating through all the tabs as well as related information ended up being truly simple to do to access. I recently found what I hoped for before you know it at all. Quite unusual. Is likely to appreciate it for those who add forums or anything, web site theme . a tones way for your customer to communicate. Excellent task..

  • Great post. I was checking continuously this blog and I am inspired! Extremely useful info specially the closing phase :) I handle such info a lot. I was seeking this certain info for a long time. Thanks and best of luck.

  • Thanks for the sensible critique. Me and my neighbor were just preparing to do a little research on this. We got a grab a book from our area library but I think I learned more from this post. I’m very glad to see such magnificent info being shared freely out there.

  • Great post. I was checking constantly this blog and I am impressed! Very helpful information specially the last part :) I care for such info a lot. I was looking for this certain information for a very long time. Thank you and best of luck.

  • Pretty nice post. I just stumbled upon your weblog and wished to say that I’ve really enjoyed surfing around your blog posts. In any case I will be subscribing to your feed and I hope you write again very soon!

  • Great post. I am facing a couple of these problems.

  • F*ckin’ amazing things here. I am very glad to see your post. Thanks a lot and i am looking forward to contact you. Will you kindly drop me a mail?

  • I just could not depart your website before suggesting that I actually enjoyed the standard info a person provide for your visitors? Is going to be back often in order to check up on new posts

  • I think this web site has got some real superb info for everyone : D.

  • What i do not understood is if truth be told how you are no longer really much more smartly-preferred than you might be right now. You are so intelligent. You know therefore significantly in relation to this subject, produced me in my view believe it from numerous various angles. Its like men and women aren’t interested until it is something to accomplish with Girl gaga! Your personal stuffs great. At all times care for it up!

  • Hello.This article was really motivating, particularly since I was browsing for thoughts on this issue last Friday.

  • When I originally commented I clicked the -Notify me when new comments are added- checkbox and now each time a comment is added I get four emails with the identical comment. Is there any means you possibly can remove me from that service? Thanks!

  • Very good info can be found on blog. “Prayer is the wing wherewith the soul flies to heaven, and meditation the eye wherewith we see God.” by Ambrose of Milan.

  • I really appreciate this post. I?¦ve been looking everywhere for this! Thank goodness I found it on Bing. You have made my day! Thank you again

  • I get pleasure from, lead to I found just what I used to be looking for. You’ve ended my four day lengthy hunt! God Bless you man. Have a nice day. Bye

  • You made several nice points there. I did a search on the matter and found mainly folks will agree with your blog.

  • Some really nice stuff on this site, I love it.

  • Very great post. I just stumbled upon your weblog and wanted to say that I’ve really enjoyed surfing around your weblog posts. In any case I’ll be subscribing to your rss feed and I’m hoping you write once more very soon!

  • Having read this I thought it was very informative. I appreciate you taking the time and effort to put this article together. I once again find myself spending way to much time both reading and commenting. But so what, it was still worth it!

  • I like this blog very much, Its a real nice place to read and receive info .

  • This is a topic close to my heart cheers, where are your contact details though?

  • Excellent web site. Lots of helpful information here. I’m sending it to some friends ans additionally sharing in delicious. And of course, thanks on your effort!

  • This is the right blog for anyone who wants to search out out about this topic. You understand so much its virtually laborious to argue with you (not that I truly would want…HaHa). You positively put a brand new spin on a topic thats been written about for years. Great stuff, just nice!

  • I keep listening to the news lecture about getting boundless online grant applications so I have been looking around for the best site to get one. Could you tell me please, where could i get some?

  • I like this website very much so much good information.

  • Really excellent visual appeal on this web site, I’d rate it 10 10.

  • It’s really a nice and helpful piece of information. I am happy that you just shared this helpful info with us. Please keep us informed like this. Thank you for sharing.

  • I have learn a few good stuff here. Definitely worth bookmarking for revisiting. I surprise how much attempt you put to create this kind of magnificent informative site.

  • Somebody necessarily assist to make significantly posts I’d state. That is the first time I frequented your website page and thus far? I amazed with the analysis you made to make this particular publish incredible. Fantastic activity!

Leave a Reply

You can use these HTML tags

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>