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Job Growth Numbers Not A Great Sign For Big Bear Real Estate Market

If job growth & housing numbers are related, today's news is not a great sign for the real estate market in Big Bear. Employment figures released this morning show that the economy has now shed 3.6 million jobs since December 2007, included close to half that in the last 3 months alone.  The Unemployment Rate is now 7.6%. But jobs aren't fading in every housing market equally. As reported by Ajilon Professional Staffing, there are still areas around the country in which unemployment rates are low and job … [Read more...]