Tag Archives: Job Growth

Another Top-10 List — Where Millennials Are Moving 2018

Millennials have made up the top-homebuyer demographic since 2016 and are likely to the primary demand segment for housing for decades to come.   With a current force of 71 million in the population cohort, where Millennials end up moving and working may change the destiny of cities and states across the U.S. – both those …Read more

Another Top-10 List — Metros with Greatest Number of Listings with Prices at $100,000 or Less

Affordability is the new battle cry across the U.S. as home prices continue to escalate at a rate much greater than the corresponding growth in incomes.  This particular affordability issue is being driven by demand simply outstripping supply. From a construction perspective, the U.S. continues to under-build housing.  In the 12-months ending April 2018, a …Read more

Job Growth in May 2018 posts a 223,000 Net Job Gain, Up 1.61 Percent Versus a Year Ago, Unemployment Rate Drops to 3.8 Percent – Lowest in 18 Years

Jobs are everything.  Period.  Good news is that things are looking up. The U.S. added 223,000 net new jobs (preliminary) in May 2018, the best May gain since 2015.  The unemployment rate dropped to 3.8 percent, a level last seen in April 2000 and matches a 50-year low.  In the latest 12-months, the U.S. added …Read more

Another Top-10 List — Richest Cities in America 2018

While the typical American household earns a median income of $57,617 annually, there are some cities where more than one-half earn more than $70,000 per year.  As usual, I invoke the TINSTAANREM axiom — There Is No Such Thing As A National Real Estate Market or a National Economy.  The same is true about incomes. …Read more

State Job Growth Rates — 12-Months Ending April 2018

Jobs are everything to the economy – period. The following table shows the percent change in jobs for each state and the District of Columbia for the 12-months ending April 2018.  The analysis is based on seasonally adjusted data as provided by the Bureau of Labor Statistics.  Only two states continued to post a loss …Read more