A boom for the Richmond housing Market. The Richmond Times Dispatch reported this morning the results of a Manpower survey that the creation of new jobs will be strong in the first quarter of 2008. Thirty percent of the companies surveyed indicated they will increase the number of employees while only thirteen percent plan to eliminate some jobs.
This news is a very good sign for the Richmond residential real estate market. History has proved that when the job market is strong the strength flows through to housing. This combined with the Richmond areas low unemployment rate should keep the local housing market stable.
Read the Times Dispatch article.
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