• Employment is important for making a home purchase and job loss is one of the main triggers of foreclosure.  Rising employment helps to build consumer confidence and to ameliorate distress among homeowners.
  • Over the 12-month period ending in October, North Dakota experienced one of the strongest increases in employment driven by a boom in gas exploration.  However, gains were also experienced in the Southeast, Spartanburg and Florence, as well as in the West.
  • Markets in Texas weathered both the economic and housing storm well and continue to do so as evidence by strong 12-month gains in Abilene, Austin and Houston.
  • To view all the latest Local Market Reports, click here.
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