WASHINGTON – May 16, 2011 – Home sales are on track to outperform last year, even though the market doesn’t have the benefit of the homebuyer tax credit, NAR Chief Economist Lawrence Yun told a packed room on Thursday during the Residential Economic Update at the 2011 Realtors® Midyear Legislative Meetings.
Yun credits sustained economic growth, the slowly recovering jobs picture and historically high affordability conditions. Although unemployment remains high at about 9 percent, the country is seeing steady job growth. More than 100,000 jobs are being created a month, and the U.S. could see 1.5 million net new jobs this year, Yun said.
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There are jobs coming to Cenral Florida.
http://www.floridarealtors.org/NewsAndEvents/article.cfm?p=3&id=259981
Yun credits sustained economic growth, the slowly recovering jobs picture and historically high affordability conditions. Although unemployment remains high at about 9 percent, the country is seeing steady job growth. More than 100,000 jobs are being created a month, and the U.S. could see 1.5 million net new jobs this year, Yun said.
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There are jobs coming to Cenral Florida.
http://www.floridarealtors.org/NewsAndEvents/article.cfm?p=3&id=259981
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