Including home buying and selling, commercial, international, NAR member information, and technology. Use the data to improve your business through knowledge of the latest trends and statistics.
Stay current on industry issues with daily news from NAR. Network with other professionals, attend a seminar, and keep up with industry trends through events hosted by NAR.
Including home buying and selling, commercial, international, NAR member information, and technology. Use the data to improve your business through knowledge of the latest trends and statistics.
Stay current on industry issues with daily news from NAR. Network with other professionals, attend a seminar, and keep up with industry trends through events hosted by NAR.
Red-hot job market conditions exist in North Dakota, Texas, Utah, Nevada, and Delaware. Job growth rates in these states are running roughly twice as fast as the national average.
At the other end of the spectrum, Alaska, New Mexico, Nebraska, Connecticut, and Illinois are adding jobs at a slow pace. Note: these states are not shedding jobs, but rather adding jobs at a slow pace.
Good news: the job market is strengthening in most states. 41 states improved with faster job creation in the latest month compared to the month prior, while 9 states experienced slower job gains.
Among large metro markets, the standouts are Houston (+4.0%), Dallas-Ft. Worth (+3.9%), and Austin (+3.8%).
Among smaller metro markets, Muncie (+10.4%), Lawrence (+7.4%), and College Station (+7.0%) are far ahead of the rest.
Real estate is affected by many variables. Interest rates and stock market conditions generally impact all states near equally. But local variations occur due to the strength of local job market conditions. Needless to say, REALTORS® are busier in areas with robust job creation.
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