Our biggest challenge is to eliminate the popular perception that economists don't have anything useful to say.

Buying a home wouldn't make much sense if house prices were likely to decline further; no one wants to catch a falling knife.

If Mr. Trump gets precisely the policies he says he wants, then the economy will suffer a recession.

There is a banking adage that if it's growing like a weed, it's a good chance that it's a weed.

Too-easy credit and millions of bad loans made during the U.S. housing bubble paved the way for the financial calamity and Great Recession that followed. Today, by contrast, credit is too tight. Mortgage loans are particularly hard to get, creating a problem for the housing market and the broader economy.

Our economy isn't going to recover until the housing market finds its footing.

A home is still the biggest asset that most Americans own.