Winston Heverly, GRI, ABR, SFR, CDPE, CIAS, PA (Winston Realty, Inc.)

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Rainmaker
912,387
Thomas J. Nelson, Realtor, ePRO, CRS, RCS-D
Big Block Realty 858.232.8722 - La Jolla, CA
& Host of Postcards From Success Podcast

Consumer confidence is up here, San Diego enjoys 7 major industries so our diversified economy is more like a mutual fund than a stock.

Oct 26, 2015 11:28 PM
Ambassador
4,298,316
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Winston Heverly the numbers in MA are even better - at 4.6% of unemployment.

People have more confidence in buying a home now as compared to 3 years ago.

Oct 27, 2015 12:07 AM
Rainmaker
423,533
Eric Kodner
Wayzata Lakes Realty: Eric Kodner Sells Twin Cities Homes - Minnetonka, MN
Wayzata Lakes Realty: Twin Cities, Madeline Island

There are jobs to be had, but I'm told employers rarely give raises anymore.

Student loan debt is a bigger issue here than unemployment. 

 

Oct 26, 2015 11:35 PM
Rainmaker
535,214
Tony Lewis
RE/MAX of Valencia (Hall of Fame) 30 year Valencia Resident - Valencia, CA
RE/MAX Valencia, Stevenson Ranch, Santa Clarita

I believe that it's no longer about how many people are employed it's now about affordability.  Remember "another day older and deeper in debt" well that's what's happening.  Low paying jobs, no raises and prices keep going up.  People are working harder and falling further behind.

Oct 27, 2015 04:59 AM
Rainer
389,293
Anna Hatridge
Goodson Realty - Farmington, MO
Missouri Realtor with Goodson Realty

Winston Heverly it is about 6% in our area.  However, that only counts the people who have filed for unemployment benefits and not those who have given up or find themselves 'under-employed' or the independent contractors who do not have any work.

Oct 26, 2015 11:29 PM
Rainmaker
4,432,083
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

I do not pay attention to those figures. I have however seen more buyers recently.

Oct 26, 2015 11:28 PM
Ambassador
4,065,896
Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities - Stevens Point, WI
Forestland Experts! 715-204-9671

It is affecting my recruiting.

Dec 21, 2018 10:45 PM
Rainmaker
4,025,287
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Denver has a low unemployment rate, below national average.  Thinking many are growing pot.....

Oct 27, 2015 10:26 AM
Ambassador
1,614,454
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

Yes, we were around 3.75% but with some energy layoffs we went up to about 4.25% the last time I checked. It hasn't affected the real estate market.

Oct 27, 2015 06:07 AM
Rainmaker
725,305
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

Connecticut has been lagging in getting the employment numbers up. My concern is we will go into the next downturn before fully recovering from the last one.

Oct 27, 2015 04:15 AM
Rainmaker
863,526
Les & Sarah Oswald
Realty One Group - Eastvale, CA
Broker, Realtor and Investor

I don't know the exact figure for my county. I did hear is close to 5%. I can only gauge by how busy Costco gets during the weekday...and it is usually packed.

Oct 27, 2015 02:59 AM
Rainmaker
519,768
David Gibson CNE, 719-304-4684 ~ Colorado Springs Relocation
Colorado Real Estate Advisers LLC - Colorado Springs, CO
Relocation, Luxury & Lifestyle residential

Winston,

 

What the employment figures don’t show is how many people are under employed. Working at jobs at a “lower level” than they may be qualified for.

Oct 27, 2015 02:45 AM
Rainer
149,606
Michael Thacker - Re/Max Real Estate Center - Louisville
Re/Max Real Estate Center - The Thacker Group - Louisville, KY
Your best friend who just happens to be a Realtor

We are actually in the 4% range here in Louisville, but with the cost of housing in the areas I work, it limits the available market a bit.

Oct 27, 2015 01:06 AM
Rainmaker
1,523,537
Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West & Geneva Financial, Llc. - Carlsbad, CA
Presence, Persistence & Perseverance

It is much, much higher both in San Diego County, CA and here on the Florida Gulf Coast. I believe so many have just given up eveb looking.

Oct 27, 2015 12:59 AM