Unemployment Falls to 9 Percent
Unemployment Falls to 9 Percent!
Charlotte NC Real Estate - What does this have to do with real estate? Everything! A lot of people are going back to work which means they will start spending money again which has a trickledown effect on the economy creating even more jobs in which those people spend even more money! According to a government survey, the unemployment rate dropped last month to 9 percent and that more than a half million people have found work. Wow!
Other reports say the economy is picking up with new jobs, and many people are starting new businesses. Retail sales are going up and factories are cranking out new goods! So what does all this mean to real estate? It means more people will be in the market to buy homes and when you start chipping into supply and demand 101, that's a good sign of things to come!