The Atlanta Job market just received some bad news. Our job market is poor. Atlanta jobs are scarce.
The Atlanta Business Chronicle makes the following report:
"Georgia has the sixth-weakest state economy, according to a midyear review of state employment trends by Portfolio.com and bizjournals, the Internet arm of American City Business Journals, parent company of Atlanta Business Chronicle.
This year's study puts Nevada in 51st place, dead-last among the 50 states and the District of Columbia. California ranked 50th, followed by Florida, Michigan, Rhode Island and Georgia.
The study gives Georgia a -9.32 score for employment, pointing out the Peach State lost 74,600 jobs from 2009 to May 2010. The state now has 3,139,200 private sector jobs and a 10 percent unemployment rate." Atlanta Busines Chronicle July 28, 2010
NO JOBS = NO HOME BUYERS
NO HOME BUYERS = SUCKING Atlanta real estate market
Jobs are my go to economic indicator for how the real estate market will perform. When the job market in Atlanta improves the Atlanta real estate market will improve.
People are not motivated to buy a home until they have a secure job and steady income. No indicator is more important to the housing market than employment statistics.
Are you a home seller or potential home seller? Are you facing foreclosure? Sally English and The ENglish Team at REMAX Executives can help. We have assisted many families as they sold their home to avoid foreclosure.
Check out our website for details: Helping Atlanta Families in Foreclosure
Call Sally at 770-939-3174 and I will walk you through the short sale process. It is intimidating but I can guide you through the process. We have successfully marketed, sold and closed short sales in the Atlanta Market.
Sally English and The English Team offers candid and honest advice to distressed home owners. We do not sugar coat the realities of the present real estate market. But we are sensitive to the the emotional impact of the real estate market and the anxieties it creates amond home owners. The sooner you address your economic situation, the sooner you will be on the path to economic wellness and peace of mind.
Sally English and The English Team. Atlanta real estate agents
Realty Associates of Atlanta; 3350 Northlake Parkway Atlanta, Georgia 30345 |770-939-3174
View more of SALLY'S BLOG: Sallys Atlanta Real Estate Updates
EMAIL SALLY: sallyenglish@englishteam.com
Visit our WEBSITE: http://englishteam.com/ | http://sallyenglishblog.com/
All content copyright © 2009-2011 by Sarah Bryant English DBA Sally English and The English Team, Atlanta Georgia. This sale offering is made subject to errors, ommissions, change of price, prior sale and withdrawal without notice. Potential purchasers should make a physical inspection to verify all features independently. EQUAL HOUSING OPPORTUNITY. Sally English is not an attorney or CPA and ALL legal or tax advice should be rendered by a professional. Sally English is an Atlanta real estate agent specializing in homes and neighborhoods convenient to Emory University and The CDC. Thanks for visiting my BLOG!
