What does a recession mean if you're trying to buy a home? And other recession questions

There's a lot of concern that the American economy is headed toward a recession. We have questions: How legitimate are the concerns, and what are the odds we head into a recession? What would being in a recession mean for the average American? What does it mean if you're trying to buy a house? How common is it for a recession to happen when the labor market is so tight? We asked these questions and more to Dr. Ron Anderson, Dean of Temple's Fox School of Business.