Special offer
Winston Heverly, GRI, ABR, SFR, CDPE, CIAS, PA (Coldwell Banker Access Realty)

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Rainmaker
1,543,235
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
CEO of Vision Drive Realty - Coastal San Diego

Consumer confidence is up here, San Diego enjoys 7 major industries so our diversified economy is more like a mutual fund than a stock.

Oct 26, 2015 11:28 PM
Rainmaker
4,319,419
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Winston Heverly the numbers in MA are even better - at 4.6% of unemployment.

People have more confidence in buying a home now as compared to 3 years ago.

Oct 27, 2015 12:07 AM
Rainmaker
432,037
Eric Kodner
Wayzata Lakes Realty: Eric Kodner Sells Twin Cities Homes - Minnetonka, MN
Wayzata Lakes Realty: Twin Cities, Madeline Island

There are jobs to be had, but I'm told employers rarely give raises anymore.

Student loan debt is a bigger issue here than unemployment. 

 

Oct 26, 2015 11:35 PM
Rainmaker
763,783
Tony Lewis
Summit Real Estate Group - Valencia, CA
Summit Real Estate Group Valencia & Aliso Viejo

I believe that it's no longer about how many people are employed it's now about affordability.  Remember "another day older and deeper in debt" well that's what's happening.  Low paying jobs, no raises and prices keep going up.  People are working harder and falling further behind.

Oct 27, 2015 04:59 AM
Rainer
392,768
Anna Hatridge
R Gilliam Real Estate LLC - Farmington, MO
Missouri Realtor with R Gilliam Real Estate LLC

Winston Heverly it is about 6% in our area.  However, that only counts the people who have filed for unemployment benefits and not those who have given up or find themselves 'under-employed' or the independent contractors who do not have any work.

Oct 26, 2015 11:29 PM
Rainmaker
4,434,127
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

I do not pay attention to those figures. I have however seen more buyers recently.

Oct 26, 2015 11:28 PM
Ambassador
6,392,899
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

It is affecting my recruiting.

Dec 21, 2018 10:45 PM
Rainmaker
5,868,372
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Denver has a low unemployment rate, below national average.  Thinking many are growing pot.....

Oct 27, 2015 10:26 AM
Rainmaker
1,712,676
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

Yes, we were around 3.75% but with some energy layoffs we went up to about 4.25% the last time I checked. It hasn't affected the real estate market.

Oct 27, 2015 06:07 AM
Rainmaker
900,008
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

Connecticut has been lagging in getting the employment numbers up. My concern is we will go into the next downturn before fully recovering from the last one.

Oct 27, 2015 04:15 AM
Rainmaker
864,658
Les & Sarah Oswald
Realty One Group - Eastvale, CA
Broker, Realtor and Investor

I don't know the exact figure for my county. I did hear is close to 5%. I can only gauge by how busy Costco gets during the weekday...and it is usually packed.

Oct 27, 2015 02:59 AM
Rainmaker
617,935
David Gibson CNE, 719-304-4684 ~ Colorado Springs Relocation
Colorado Real Estate Advisers LLC - Colorado Springs, CO
Relocation, Luxury & Lifestyle residential

Winston,

 

What the employment figures don’t show is how many people are under employed. Working at jobs at a “lower level” than they may be qualified for.

Oct 27, 2015 02:45 AM
Rainer
150,416
Michael Thacker - Re/Max Real Estate Center - Louisville
Re/Max Real Estate Center - The Thacker Group - Louisville, KY
Your best friend who just happens to be a Realtor

We are actually in the 4% range here in Louisville, but with the cost of housing in the areas I work, it limits the available market a bit.

Oct 27, 2015 01:06 AM
Rainmaker
1,725,996
Sandy Padula & Norm Padula, JD, GRI
HomeSmart Realty West & Florida Realty Investments - , CA
Presence, Persistence & Perseverance

It is much, much higher both in San Diego County, CA and here on the Florida Gulf Coast. I believe so many have just given up eveb looking.

Oct 27, 2015 12:59 AM