What a surprise today with the large increase in January jobs. Good sign for housing?

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February 03 - Louisville
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Profile picture for sunnyview
More jobs are a good sign for housing and the larger economy. It will take time for people to get back in their feet and re-establish their financial base, but it will happen.
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February 04
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Any improvements just help us work out of this mess. It will take time but it will happen.
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February 04
Profile picture for hpvanc
Only if they are the right kind of jobs.  It may increase transactional volume (I hope it does).  The primary reason prices are declining or flat is lack of general inflation (which actually dates back to 2001), the secondary reason prices are declining or flat is lack of wage growth (see primary reason).  The reason prices are falling or aren't rising somewhat independent of the jobs picture.
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February 04
Profile picture for Caveat Emptor
It doesn't change the fundamentals of the market, no.
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February 04
 

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