The Bureau of Labor Statistics Jobs Report came out Friday and showed 148K jobs created in December, missing the mark of the 185K expected. December saw a 30K increase in construction jobs—we like this for potential housing labor. We still need more construction workers to help with the housing supply.
More than 80% of all mortgage borrowers now have tappable equity available—it’s the beauty in home appreciation.
The most expensive luxury market in 2017 was New York but the demand for luxury homes in the last year dipped.
We don’t talk about traffic—good thing Detroit isn’t on the list for Metros with the Worst Commutes. New York, New York won that award. Best Metro: Eugene, Oregon thanks to many citizens favoring bicycles.