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fmls: METRO ATLANTA UNEMPLOYMENT AND ITS EFFECT THE LOCAL REAL ESTATE MARKET - 10/12/11 03:36 PM
 

A recent report out by Rismedia shows the U.S. economy added more new jobs than was expected. Despite the 9.1 percent unemployment rate, the unexpected news coupled with the uptick in corrected employment gain numbers for the previous two months caused the mortgage rates to tip the mortage rate ladder back up over 4 percent after buyers enjoyed mortgage rates of 3.94% the first week of October.The most recent unemployment numbers for the Metro Atlanta area, however, remain higher than the national average at 10.4 percent. The struggling employment market in the metro area is having a profound effect on our real estate market as well. … (0 comments)

 
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Janice Slaven, Suwanee Georgia Real Estate

Suwanee, GA

More about me…

Prudential Georgia Realty

Address: 310 Town Center Avenue, Suwanee, GA, 30024

Office Phone: (770) 617-5146

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