Four Key Indicators for a Full Housing Recovery

In order to have a fully recovered housing market and economic recovery, economists say that there are four positive indicators:

1. A healthy job market with low stable unemployment;

2. Mortgage delinquencies that have returned to historical averages;

3. Home prices consistent with an affordable mortgage payment–to–income ratio; and

4. Home sales that are in the range of historical norms.

So, is the housing market getting closer to being fully recovered? Click here to find out.