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Unemployment and the Real Estate Market

Posted on June 28, 2010 by admin

For the last year, the unemployment rate has been the highest it’s been in years. The average for the country now is around 10%. The unemployment rate for states such as California, Florida, and Michigan is over the national average with numbers in the 12 – 13% range. Until more Americans can get a secure and steady job, the real estate market won’t be able to gain any momentum.

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