Unemployment Proves Bigger Factor

Unemployment Proves Bigger Factor in Louisville Real Estate Than Rates, Prices

This piece is going to show you why unemployment proves bigger factor than home prices or interest rates. Experts like Donald Trump and John Paulson have been touting the benefits of investing in real estate since October 2010. On this site, we’ve highlighted the very positive positions of the three key financial indicators for real estate:

  1. Interest rates
  2. Home prices
  3. Inventory
Chart of Metro Louisville Unemployment Rates, 2006-2011 - Unemployment Proves Bigger Factor in Louisville Real Estate Than Rates
Since late 2008, unemployment rates have jumped significantly. It is interesting that this coincides with the time frame in which Louisville real estate dropped.
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