Employment in Des Moines, IA

The Des Moines (and surrounding areas such as West Des Moines, Urbandale, Waukee, etc…) unemployment rate rose to 5.9 in August.  Total employment, much like housing prices, has started its seasonal decline.  We look at the yearly numbers to get a better idea of the general direction of employment, and future housing prices.  Yearly growth in employment is still negative, so we are slowly losing jobs over the long run.  Not a great sign for prices.

Want to know how economical data can influence future housing prices?  Call me today and we can sit down and discuss.