Skip to content

The Cycle of Unemployment, Housing, and Poor Economy

October 26, 2013

Employment rates, the housing market, and the economy are all connected and the September jobs report is shining a light on how bleak the futures of the housing market and economy are looking. Unemployment woes have left young adults with no choice but to rent or continue living with their parents which, in turn, affects the housing market since young adults was one of the larger demographics of homebuyers not to long ago.

To read more about this cycle, pick from our sources list below.

Source: “How the Job Market is Killing Housing” by Yahoo Finance, The Daily Ticker

Source: “September Jobs Report Grim for Housing” by Jed Kolko, Chief Economist via Trulia Blog – Trends

Visit Our Website:

Complete a loan application on our website

Job Opportunities? Now is the time to see how PMC Can Help you earn what you deserve!  Visit our Website and apply online today!

Follow our Mortgage on:

Follow our Realty on:

No comments yet

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: