Things Are Looking Up
According to the Department of Labor, unemployment dropped significantly in January and has remained relatively stable in February. Even in our local market, things are looking up. And where there are jobs, there are homes.
The Augusta Chronicle reports that unemployment claims have steadily decreased for three weeks straight. More than 200,000 jobs have become available over the past two months and unemployment in January, at 8.3%, was at its lowest since 2009. Top that off with mild inflation, and consumers will begin to feel more buying power which will lead them to higher spending and even more jobs. This is great news for the real estate market as well! Stay tuned for more updates on the future of your home.