Orlando Real Estate

Employment Remains Strong

August 4th, 2007 12:12 PM by David W. Welch

Employment number came out this week, and while new jobless claims were up a bit, the job market remains very strong. Orlando is per capita the number one job market in the US. Job growth is expected to be about double the national average. The jobs that are being added are mostly higher paying jobs too. Inventories remain high, but the median price is also holding steady. The strong job growth, plus the expected population growth really should allow Orlando to absorb the excess inventory over the next 12 to 18 months. I really do not think there will be a better time than right now to purchase your home in Orlando.
Posted in:General
Posted by David W. Welch on August 4th, 2007 12:12 PM

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