02-04-2009, 07:54 AM
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#10
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All Pro Poster
Join Date: Jul 2005
Posts: 15,619
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Re: Unemplyoment #s ---- state by state
Interesting how the states with the highest unemployment rates are the ones that enjoyed the greatest rises of real estate values during the peak of the market. California, Nevada, Rhode Island, Oregon (the exception being Michigan which is getting slammed by the collapse of the domestic auto industry). Massachusetts is getting hit hard by RE market highs and lows, but it looks like we're absorbing it a little better than the others, but not much. Read where the Cawminealth came out with an estimate of when the unemployment rate will peak....THIRD QUARTER OF 2010!
Hang onto your hats!
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