Daily Real Estate News | Monday, February 04, 2013
The overall economic recovery is betting big on real estate’s continued progress. After all, a stronger real estate market can lead to a stronger job market.
Strength in the real estate sector tends to lead to increased hiring in various housing-related industries, from carpenters and landscapers to real estate agents, loan processors, appliance manufacturers, furniture makers, and more.
When it comes to job creation, “the most promising news is related to the housing market,” says John Challenger, CEO of employment consulting firm Challenger, Gray & Christmas.
The construction sector for housing added 28,000 jobs in January alone.
