July 26, 2024 6:05 pm
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The one thing that could derail the U.S. housing recovery

By Motley F800px-enlisted_housing_fort_belvior_largeool

The housing market slowed considerably in 2014 after several years of impressive growth, but it appears (for now) that the recovery remains alive and well. Fewer homes are entering foreclosure as in recent years, and prices seem to have stabilized.

However, some things could still derail the housing recovery. Here are three examples from our analysts.

Todd Campbell: Stagnant wages pose one of the major threats to the U.S. housing market. Despite private-sector job growth having recovered since the end of the recession, wages have made little progress. After adjusting for inflation, average real wages have edged up a paltry 0.7% in the past five years.

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.