Could Expanded Credit Boost the Recovery?
It’s clear that thus far in 2013, the housing market has sustained the recovery that began gaining steam in the latter half of last year. The housing recovery has been so comprehensive that as of last December, homes gained the greatest in value year-over since 2006. While gains have not been too drastic, there are still no premonitions of a slowdown. That being said, there has been at least some consideration as to whether demographic or fiscal factors will emerge down the line and decelerate gains in the housing sector. Granting that value growth seems set for the immediate, what, if anything, could be utilized to encourage sustainable market gains?