Housing Industry Riding on the Coattails of Surging Job Market #realestate #economics

Source:  Realtor.com

Tara Sinclair, the chief economist for indeed.com, and realtor.com chief economist Jonathan Smoke, laid out predictions for another year of steady home sales and job growth, particularly in the country's largest urban centers.  The two experts noted that with the economy continuing to hum, both the job and housing sectors are surging further upward in the new year.  Areas with strong employment gains, not at all coincidentally, are some of the country's busiest real estate markets, as hot job markets attract job seekers, and job seekers need a place to live.  That being said, brisk job and housing markets aren't always favorable to apartment dwellers and potential home buyers who are faced with skyrocketing rents and price tags.

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