That basically means consistent economic growth matched
by steady jobs growth and a decline in the unemployment rate.
Becoming a homeowner is feasible for millennials in some less expensive metro areas
with steady job growth and lower qualifying incomes needed to buy.
Despite steady job growth, lack of single - family home construction in many cities has led to a housing shortage and high - priced existing homes.
The boom has been good for Seattle's economy, which has experienced years
of steady job growth, low unemployment and, unlike much of the country, strong wage gains.
Jacksonville has
enjoyed steady job growth in recent years, and along with a moderate amount of new apartments deliveries, factors that have conspired to keep rent growth higher than the national average, according to Axiometrics.
It has seen
steady job growth since 2010 across most industries, according to the Boston Mayor's Office of Economic Development.
Even though RealtyTrac Inc. reports foreclosure starts numbered 747,728 in 2013, down 33 % from the previous year — with mortgage delinquencies less common
amid steady job growth and rising home prices — the environment has limited improvement.
Experts
attribute steady job growth, historically low interest rates and rising rental costs and key catalysts for the recent improvements on the national housing market.
«Home sales and construction activity depend
on steady job growth, which we are seeing, but thus far we've only regained half of the jobs lost during the recession,» Yun said.
«Multiple years
of steady job growth and the strengthening U.S. economy — albeit at a modest pace — makes commercial property a safe bet for global investors looking to diversify their portfolios and generate returns outside their country of origin,» he said.
Signed contracts to purchase homes have climbed a healthy 6.1 percent over the past 12 months, aided
by steady job growth and low mortgage rates.
Forecasts vary depending on the asset class — office, retail, industrial, investment and multi-housing — and market, but as a whole Canada remains «on the radar for new capital investment» thanks to «a lack of volatility in the Canadian economy coupled
with steady job growth» according to CBRE.
The city continues to
enjoy steady job growth, which increases housing demand, and a short supply of foreclosures leaves Phoenix in one of the healthiest real estate positions in the country.
Steady job growth will help to sustain consumer spending, the biggest part of the economy.
Given the country's
steady job growth, there isn't much more clarity about a possible recession today than there was before the six - month economic data were released on Tuesday.
With that being said, moderate but
steady job growth is expected to help bolster the housing market into 2012.
Indeed Hiring Lab recently reported
a steady job growth that lifted the hopes of many unwaged Americans.
This year will be the year of the office landlord, brokers say, with vacancies dropping in many markets, slow - but -
steady job growth and the continued economic recovery.
«Multiple years of
steady job growth and the strengthening U.S. economy — albeit at a modest pace — makes commercial property a safe bet for global investors looking to diversify their portfolios and generate returns outside their country of origin,» says Yun.
«Nashville has a great quality of life and
steady job growth, in a vibrant city that attracts young well - educated people,» Scott Makee, Crescent's regional director, said in an email.
Rental properties in areas that show prominent and
steady job growth, population growth, and affordable cost of living are generally going to turn a bigger profit than a property in a high poverty area with little to no job growth.
This symbiosis between office REITs and the national job market has facilitated
both steady job growth and also the 7.7 percent total return that office REITs posted in the 12 months through November 2017, following a 13.2 percent return in 2016.
The current slow,
steady job growth could draw more of these young people off the couch and into rental apartments.
Steady job growth will continue to fuel the top apartment markets through 2017, according to the latest forecasts.
«Demand for space remains healthy, fueled by
steady job growth, and we expect the market to continue to strengthen at a modest pace for the remainder of the year,» Havsy said in the statement.
«
Steady job growth is the determining factor in the housing market.
«This wave of demand is being fueled by a year - plus of
steady job growth and an improving economy that's giving more households the financial wherewithal and incentive to buy.»
I see a toss - up between these two scenarios — but either outcome, faster job growth with steady wage gains, or
steady job growth with an acceleration in wages, would boost household incomes and economic fundamentals.
The Pacific Northwest area, including Washington and Oregon, will outperform the rest of the country this year due to
steady job growth and an expanding retail sector, says a 2008 forecast report from national real estate services firm Grubb & Ellis Co..
«Multiple years of
steady job growth and the strengthening U.S. economy - albeit at a modest pace - makes commercial property a safe bet for global investors looking to diversify their portfolios and generate returns outside their country of origin,» Yun said.