Pacific Northwest Real Estate Blog

Employment statistics show significant growth in CdA Metro area:

The latest Syneva Economics Report, compiled from data from the U.S. Bureau of Labor Statistics, shows amazing employment growth in our region!  The report looks at the employment numbers for our region, and is inclusive of the metropolitan area for CdA. 

 Synopsis of the report specific to the CdA Metro:

  • Employment = 63,600, an employment growth rate of 4.3% (national average for all U.S. metros was 1.4%).
  • Average hourly earnings increased to $21.29 (still a bit behind the national average of $22.83).
  • The CdA metro ranked 16th highest out of 387 national metros in employment growth rate!

 

Statistics courtesy of the Coeur d' Alene Area Economic…
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should-i-sell-my-house                                                                                                                                                                                                                                     Fantasista/iStock

No matter how many fond memories you’ve accumulated in your home, there may come a time when you start wondering: Should I sell my place? Maybe it’s because your local real estate market is booming and you stand to score a sweet payout. Maybe you’re relocating. Or your expanding family has outgrown your space. Or you’re just looking for a change of scenery. But questioning is easy; deciding to put your house on the market is tough.

Here are some steps to help you pinpoint when the time is right.

How

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housing-bubble-blue                                                                                                                                                                                                                                 juliannafunk/iStock

It’s 2016, and home prices are rising near the levels of the housing market just before the crash. Many are asking—and wondering — if we are in some kind of housing bubble. But are we? Here are a few things to consider if you’re worried about another housing bubble.

1. The overall economy

Unemployment is low, wage growth is strong and the tech sector is hiring in droves. The Federal Reserve raised interest rates last December, and they’re likely to raise rates again in the near future as the economy

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                                                      Rain or shine the JPG team is making real estate sales happen. There is no off season!!
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