Posts with tag employment

Low Rates = Fewer Mortgage Apps?

With rates still low, why are mortgage applications falling? Here's the short answer: The unemployment rate, which isn't falling. Despite the extension of the government's special tax credit for new home buyers, and the fact that interest rates on 30 year fixed-rate mortgages remain at rock bottom (averaging 5.02... Continue Reading »

Walmart Fails to Create Jobs in Chicago

Does Walmart add to homeowners' quality of life when it moves in to a new urban neighborhood? Not necessarily, so says a recent study. Some might welcome having the same opportunity suburbanites do to buy fishing gear, a new printer and cheap socks all in one place. But those looking to Walmart to create jobs or stimulate... Continue Reading »

No Jobs, No Housing, No Bull

This is my first post for AOL Real Estate. I am honored to be part of the new AOL. But if this is AOL Real Estate, why then am I writing about jobs? Because employment growth is key to ending the real estate depression (yes, depression) we have all been suffering through for more than a year. The key to real estate... Continue Reading »

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