Small Business Surge In Hiring - How Does This Impact The Housing Market?

By
Real Estate Agent with Keller Williams Realty

http://money.cnn.com/2010/12/01/smallbusiness/small_business_hiring_adp/index.htm

 

Small businesses added 54,000 jobs last month!  This is a great sign for the housing market.  Here in the Tampa Bay area our values have declined over 50% and are still declining.  I always get asked "Has the market bottomed?" or "How much longer can it last?".  My answer has always been to watch our local unemployment rate which has been over 12%.  Once the unemployment rate starts dropping our housing market will start improving!  We finally are starting to see some positive signs!

Steve Capen

Steve Capen & Associates - Keller Williams Realty

727-348-2211

steve.capen@gmail.com

www.stevecapen.com

www.pinellascountyshortsales.com

 

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Topic:
ActiveRain Community
Location:
Florida
Tags:
tampa bay
pinellas county
st petersburg
seminole
home values
housing market
short sales
unemployment

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Rainmaker
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Bill Gassett
Metrowest Massachusetts Real Estate
RE/MAX Executive Realty

The only way the housing market is going to change is from an increase in employment!

December 02, 2010 08:10 AM
Anonymous
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Rainer
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Steve Capen

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