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Typically when you analyze a real estate market or submarket, you start with the macro economic trends. Some of the most common indicators we look at include the Consumer Price Index, Unemployment Rate, and I have added Driver's License Surrenders to our routine survey. Although the exact figures for each are of interest, the trend in those numbers is actually much more important ... are we trending up or down, what does the moving average look like, and how does a local trend compare with a national or regional trend. In this update, I will specifically look at the unemployment rate … (0 comments)
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