Home LifestyleLiving Continued Job Creation Benefits Home Sales

Continued Job Creation Benefits Home Sales

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Florida’s economy outperformed the nation last year partly because of better job creation, according to several economists who spoke during the Florida Realtors 2017 Mid-Winter Business Meetings.

National Association of Realtors Chief Economist Lawrence Yun noted that interest rates are trending higher. However, as they rise, job creation – which in Florida exceeds the national average – could be a great neutralizer and good for home sales.

Elliot Eisenberg, a nationally-known economist, said Florida is doing fine economically, has average unemployment and a diminishing foreclosure rate. More market news will come when Florida Realtors releases new data on Feb. 9.

Carrie Patrick, CoreMessage, Inc.

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