Posted by Gary Hoeferkamp, January 5, 2024
Economy ends 2023 strong and still adding lots of jobs! National unemployment average for 2023 at 3.6% equals 53 year low! Local unemployment was 3.4% in October and projected to drop to 3.0% in November. Don't always believe media that is opinionated, especially in an election year, dig for factual data. I have always said as the economy goes, so goes home sales. And with the economy continuing to shed talks of recession, and mortgage rates easing, I say it is high time you bought a house if you have been waiting. And if you are considering selling, I expect this spring to be another highly competitive market. Either way, contact me now - quickly if you are buying to beat the spring rush (which will start anytime in the next 6 weeks) - and soon if you are selling to meet the spring rush. Doing both? Let's time it right!
US economy added 2.7 million jobs in 2023, trouncing expectations (yahoo.com)
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