It's no wonder why I'm so busy... as people are getting better jobs and employment rates going down, people are buying houses!!  I think the scare of the higher interest rate is behind most people.  They tickled 7% for a couple of weeks, but are now around 6.5% and lower for your typical conventional mortgage.   

August's job growth added 22,600 jobs whereas July added only 12,100.

Unemployment dropped in August to 5.1% from 5.2%.  It doesn't seem like much of a change, but it is.  Across the Dallas-Ft. Worth Metroplex, unemployment is down to 4.9% from 5.3% in July.  We're doing better to get back to last year, as last year's unemployment was only 5%.

All my relocation buyers are always asking me how the job market is doing and I always respond that it must be doing well or why would all these people, including them, be relocating here.  Yes, there have been layoffs, but there has been much growth as the numbers show.

 
This post has been included in Texas Real Estate News

1 Comments on Dallas Real Estate- Job Growth in Dallas is Up

SEP
16
2006
I happen to agree with you. Dallas is a wonderful city..
7:07am • #1


What does the graphic say?
Leave a response…

(optional)
Spam Prevention:
 
Donna101212 Rainmaker_large

Donna Harris, REALTOR®, CDPE & ASP - Hill Country Austin Lakeway Homes

Donna Harris, REALTOR®, CDPE & ASP - Hill Country

Austin, TX

More about me…

Regent Property Group

Address: 7035 Bee Caves Rd #204, Austin, TX, 78746

Office Phone: (512) 592-7127

Email Me

This blog is to help educate Buyers, Sellers and even other Realtors across the country.  Each market is different and the way Real Estate is done is different.  Austin Real Estate is completely different than Dallas, California and Florida and everywhere else in between.  Some times there will be other things besides real estate as I like to rant and rave as much as the next!!  Come back often!

Donna Harris, REALTOR® with RE/MAX
Donna Harris, REALTOR® with RE/MAX
Promote Your Page Too

<!-- Facebook Fan Badge START --><!-- Facebook Fan Badge END --> Homes For Sale Austin, Texas Real Estate: Donna Harris's Luxury Real Estate & Condo Top 10 List!

Texas Yellow Pages
blogarama - the blog directory


Listings

Links

Archives

RSS 2.0 Feed for this blog

Find TX real estate agents and Austin real estate on ActiveRain.