Realty Executives Arizona Territory

Krista Brayer

Krista Brayer

SFR,

Realty Executives Arizona Territory

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The Sky is not Falling

(Published on - 6/5/2017 4:51:51 PM)

Here's a great note from my friend Steve Van De Beuken with Sunstreet Mortgage

"Hi Krista!

       I like George Hammond. I've never met him but I like him. Hammond is an economist at the University of Arizona and he says that Tucson's economy will pick up steam as we head into 2018. Hammond says that Tucson "is poised for growth, citing accelerating job gains last year, signs of wage growth in a tightening labor market and a slowly improving residential real-estate market."    
     Tucson is forecast to add 5,400 jobs in 2017 and 7,200 jobs in 2018 which is far more than the 1,700 jobs added in 2016. Competition for employees to fill these jobs is expected to force wages 3% higher than they are now. There is still room for growth as Tucson has only replaced 60% of the jobs lost during the Great Recession.
      Get ready!    "                 
 
 
 
 
 
THANKS Steve!!!
;

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