As Congress challenges Federal Reserve Board Chairman Ben Bernanke on Capitol Hill, in his efforts to save the economy from a worse mess and the White House presumably works with Congress to come up with more of a plan to clean up the mess regulators are coming back into play.  The battle to re-regulate financial markets has a long way to go before things get better. The housing market and the overall economy aren't going to improve until at least four parts of the economy improve, according to HousingPredictor.com.

1. The pent up buyer demand for housing will need to emerge with increasing and consistent sales and that means lower interest rates to get buyers off the fence.
 
2. Getting buyers who are unsure of taking the leap to buy a home takes improving consumer confidence, which will only develop with greater transparency. Closed door sessions is what got us into this economic mess as traders on Wall Street sold mortgage backed securities at all-time record levels, and few people away from Wall Street understood what was going on behind the scenes until the nation's economy blew up.
 
3. Whether you like to call them asset-backed securities, mortgage-backed securities, derivatives, toxic assets or plain old bad mortgages, the government will either have to buy at least $500-billion worth from mortgage companies or otherwise stop foreclosures.
 
4. Lastly, there's the creation of more jobs. Employment is the key factor to getting people to make purchases of any type. Without jobs people don't buy much.
 
Source: HousingPredictor.com