Latest Jobs Report: What Does It Mean for You & the Housing Market? Last Friday, the Bureau of Labor Statistics released a very encouraging jobs report. The economy gained 916,000 jobs in March – well above expert projections of 650,000 to 675,000. The unemployment rate fell again and is now at 6%. What does this mean for you? Our lives are deeply impacted by our nation’s economy. The better the economy is doing overall, the better most individuals in the country will do as well. Jason Schenker of Prestige Economics says, "People are getting back to work and the vaccine isn't just inoculating the population, it's clearly inoculating the economy." What does this mean for residential real estate? Today, the biggest challenge for homebuyers is the lack of homes currently for sale. With listing inventory down 52% from a year ago, bidding wars are skyrocketing. As a result, home prices are climbing. One answer to... #Bgroup #Prescott #Realtor #Homes #Smart

Latest Jobs Report: What Does It Mean for You & the Housing Market? Last Friday, the Bureau of Labor Statistics released a very encouraging jobs report. The economy gained 916,000 jobs in March – well above expert projections of 650,000 to 675,000. The unemployment rate fell again and is now at 6%. What does this mean for you? Our lives are deeply impacted by our nation’s economy. The better the economy is doing overall, the better most individuals in the country will do as well. Jason Schenker of Prestige Economics says, "People are getting back to work and the vaccine isn't just inoculating the population, it's clearly inoculating the economy." What does this mean for residential real estate? Today, the biggest challenge for homebuyers is the lack of homes currently for sale. With listing inventory down 52% from a year ago, bidding wars are skyrocketing. As a result, home prices are climbing. One answer to... #Bgroup #Prescott #Realtor #Homes #Smart - 928-227-8575
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