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 & Associates - Keller Williams Realty