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Understanding the Impact of Housing Permits and Jobless Claims on Real Estate
Manage episode 418575940 series 3561849
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Welcome back to another insightful episode of Real Estate Jerky Daily with your host, Ed Parcaut! 🎙️ While Ed’s co-host, Mike Kelly, is out setting up for the Make Dream to Real golf tournament, Ed dives into the latest housing and unemployment numbers that impact the real estate market. In this episode, Ed breaks down: 🏠 **Housing Starts and Permits:** - Latest stats on housing starts and permits for April. - Why we need 1.9 million homes built annually to keep up with population growth. - Builders’ confidence and how it affects new constructions. - The critical issue of low inventory and its implications. 📉 **Unemployment Trends:** - Initial jobless claims and their significance. - Current unemployment numbers and what they mean for the economy. - The Fed’s stance on employment data before making policy changes. - What current layoffs signal for future economic trends. 🏡 **Real Estate Market Insights:** - Why owning a home is a long-term investment. - The false narrative of an impending housing bubble. - The impact of rising rents and mortgage rates. Ed offers valuable advice for real estate professionals on guiding their clients through these fluctuating times. If you’re looking to stay updated on real estate trends, this episode is packed with must-know information! Don't forget to like, comment, and subscribe to Real Estate Jerky Daily for more daily insights and market updates. Hit the notification bell so you never miss an episode! Follow us on social media for more real estate tips and updates: 📸 Instagram: @realestatejerky
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Need more information? Please visit https://www.edparcaut.com
#EdParcaut #MikeKelly #RealEstate #HousingMarket #EconomicTrends #Unemployment #EdParcaut #RealEstateJerkyDaily #MarketUpdate #Homeownership #Investment --- Thank you for watching and supporting our channel! Stay tuned for more expert analysis and tips on navigating the real estate world. 🌟
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