Some other indicators of a strong housing recovery include improved economic fundamentals which means the economy picked up early in the year that produced a plethora of new jobs. This resulted in a GDP that was higher turning into a stronger consumer confidence – the consumer confidence led to the sale of more homes all over the country. With that being said of a stronger economy and more stable work force, there was a decline in distressed sales, meaning the number of foreclosures and short sales dropped while normal, non-distressed home sales increased.distress sale
Some other indicators of a strong housing recovery include improved economic fundamentals which means the economy picked up early in the year that produced a plethora of new jobs. This resulted in a GDP that was higher turning into a stronger consumer confidence – the consumer confidence led to the sale of more homes all over the country. With that being said of a stronger economy and more stable work force, there was a decline in distressed sales, meaning the number of foreclosures and short sales dropped while normal, non-distressed home sales increased.distress sale
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