nela richardson

Will a burst of job creation lift housing?

So far, 2015 is shaping up to be a good year for job hunters. In fact, the labor market hasn’t been this strong since the first half of 2006, when the housing market was soaring. But new jobs aren’t enough to give a lift to housing. Stable employment and increasing wages matter most over the long term.

Is Housing Catching a Spring Chill?

Spring is a bad time for housing to catch a chill, but that’s the latest diagnosis from Fannie Mae’s monthly consumer survey. Attitudes toward homeownership hit a low in March, and more people think the economy is on the wrong track.

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