July 12, 2024

Real Estate Prices and City Job Loss

5 U.S. CITIES, which could be on the edge of a massive Housing Market Crash.

Home prices in America keep up going up. Even as the underlying economy continues to struggle. Many cities across the US are mired in a DEEP RECESSION which record levels of job losses.

Real Estate Prices

Real Estate Prices - La Jolla Colony rental

I believe this means that the US is in big Housing Bubble that could turn into a Housing Crash! Particularly in 5 CITIES. Two big examples are New York and San Francisco, which according to the BLS, are down 8-9% on their job counts since February 2020. These represent RECORD job losses for New York and San Francisco since the BLS started tracking data in 1990. Despite this, the New York and San Francisco Housing Markets are some of the most expensive in America.

Other markets that have big job losses include Orlando and Las Vegas. Both economies rely heavily on leisure and hospitality, which resulted in big declines in economic activity during the pandemic. Orlando is down 6.9% on jobs while Vegas is down 8.5%. Yet both the Orlando and Las Vegas Housing Markets are up by 20% over the last 12-18 months.

With the expiration of eviction and foreclosure moratoriums, as well as the Federal Reserve Taper, the realities of these job losses could begin to impact local housing markets. Inflationary pressures could also destabilize these local economies even further.

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San Diego Real Estate Website for sale

www.brokerforyou.com        *** This 23 year old San Diego real estate website is for sale! Also, aged real estate sites in many California cities are for sale.

Over 33,444 average monthly unique visits to Brokerforyou.com in the last three months.

*NO you are NOT just getting a super San Diego URL, but, 23 years of great San Diego centered residential real estate content! Plus, great search engine rankings and most important, a HUGE amount of unique monthly visitors! If can’t see the very unique potential, perhaps you should save your time and NOT review the information below.

San Diego real estate for sale

www.brokerforyou.com is 23 Years old! The vast majority of search engine professionals agree that the age of a website is an important factor in the Google algorithm.

There is also another undisputed factor in the ranking of websites. That factor, is the amount of unique specific content published on the website. So, it’s pretty hard for a two year old or a five-year-old or for that matter a 10-year-old website out rank a 23-year-old website that has 2 to 4 times the content.

San Diego real estate opportunity – www.brokerforyou.com is for sale! if your real estate broker in San Diego California or thinking of expanding your brokerage business into San Diego, purchasing www.brokerforyou.com to give you a huge boost in becoming a player in the residential San Diego real estate market.

Sure as a real estate professional in San Diego California, you most probably have a website. But take a look at it take a look at the traffic you’re generating from that website. From my own analysis the majority of San Diego real estate websites just generate a couple of hundred unique views per month. To even have a chance of gaining one new client you need tens of thousands of unique views.

Brokerforyou.com is for SALE

Just like most major businesses, the easiest way, and the fastest way to expand your business and influence in your particular market is through strategic acquisition. Just look at Google, they are the number one search engine in the world! Google bought Youtube in November 2006 for US$1.65 billion – YouTube now operates as one of Google‘s subsidiaries.

www.brokerforyou.com is for sale and is offered with a very popular San Diego residential real estate channel with 1.17K subscribers and 97 videos!!

Interested, call Bob Schwartz (619) 286-5604 for additional information