Ron and Alexandra Seigel, Luxury Real Estate Branding, Marketing & Strategy (Napa Consultants)

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Ambassador
4,256,960
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Good news!! Now if only wages and salaries can keep going up significantly!

Oct 05, 2018 11:18 AM
Rainmaker
782,034
Pete Xavier
Investments to Luxury - Pacific Palisades, CA
Outstanding Agent Referrals-Nationwide

Yes, the economy is on fire, traveled to multiple states and do see the signs, especially many help wanted signs. I'm having a great time myself.

Oct 05, 2018 11:58 AM
Rainmaker
4,933,757
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Just for your clarification, these numbers have nothing to do with politics.  The US Bureau of Labor Statistics has published these every month, since their existence.  We do not wear our politics in this forum.  

It bodes well for real estate and the economy.  More people will be able to buy homes, more builders will build homes, and more people will be able to feed their families.  Employment has nothing to do with politics.  

Oct 05, 2018 11:28 AM
Rainmaker
1,908,758
Evelina Tsigelnitskaya
SIB Realty - Sunny Isles Beach, FL
www.SIBRealty.org 305-931-6931

Interesting. 

I hope it is true.

Oct 05, 2018 12:26 PM
Rainmaker
1,453,368
Valeria Mola
SIB Realty - Miami, Sunny Isles Beach - Sunny Isles Beach, FL
305-607-0709 SIB Realty Condos for Sale and Rent

Wow, that is really great news!

Oct 05, 2018 12:25 PM
Rainmaker
3,685,169
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

We shall see. Hopefully. 

Oct 05, 2018 12:24 PM
Rainmaker
3,496,055
Richard Weeks
Dallas, TX
REALTOR®, Broker

That is good news.

Oct 05, 2018 11:04 AM
Rainmaker
5,397,813
Barbara Todaro
RE/MAX Executive Realty - Retired - Franklin, MA
Previously Affiliated with The Todaro Team

that phrase "the best ever" is often applied to everything.... whether it is or isn't.... 

Oct 05, 2018 10:41 AM
Rainmaker
1,093,053
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

In the mean time(short term wise), the interest rate hike causes affordability issues esp to first time home buyers.  The quality of upgrade will go up a lot more than before. We should have a good mid term Nov election,

Sam

 

Oct 05, 2018 11:03 AM
Ambassador
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Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities - Stevens Point, WI
Forestland Experts! 715-204-9671

I hear all sorts of suspect facts from Washington these days, most about how this is the best ______ ever.

Oct 05, 2018 10:36 AM
Rainmaker
2,559,562
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

These are prosperous times. Get in or get out but get to gettin!

Oct 05, 2018 02:58 PM
Rainmaker
5,899,304
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Many real estate agents should be taking a look at new career opportunities.

Oct 05, 2018 02:44 PM
Rainmaker
410,415
Katina Hargrove 352-551-0308
Stake Your Land Realty, Inc. - Eustis, FL
Broker/Owner, GRI,SFR, REALTOR®

Jobs being available is always great news.

Oct 05, 2018 02:16 PM
Rainmaker
1,620,466
Lyn Sims
RE/MAX Suburban - Schaumburg, IL
Schaumburg Real Estate

Yes but then they raised the interest rates which knocked the legs out of that great report.

Oct 05, 2018 01:36 PM
Rainmaker
878,974
Doug Dawes
Keller Williams Realty - Topsfield, MA - Georgetown, MA
Your Personal Realtor®

This is GREAT news Now as long as wages rise to keep some sort of pace with Real Estate prices

Oct 06, 2018 07:46 AM
Ambassador
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Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

Great news for America! Thanks for sharing, Alexandra!

Oct 05, 2018 04:58 PM
Rainmaker
1,506,627
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • Green • GRI • HAFA • PSC Calabasas CA

Also, a lot of people have 2-3 jobs now( due online opportunities and ''share'' business).

Oct 05, 2018 03:51 PM
Rainmaker
1,918,026
Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

I see a lot of We're Hiring Signs out there also

Oct 05, 2018 03:13 PM
Rainmaker
1,053,343
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
& Host of Postcards From Success Podcast

Great news in general.

Oct 05, 2018 03:12 PM
Rainmaker
3,647,645
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good news for us!

Oct 05, 2018 02:51 PM
Ambassador
2,470,382
Fred Griffin Tallahassee Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

    Times are good and getting better! 

Oct 05, 2018 02:43 PM
Rainer
215,000
Don Baker
Lane Realty - Eatonton, GA

wish it would creep into our area.  5.3 locally.  And that's definitely under reported if you include people who have given up looking and lost all benefits from prior jobs.  So much industry closed here that has not been replaced.

Oct 05, 2018 02:42 PM
Rainmaker
1,749,649
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co. Notary Services, retired Realtor

Absolutely Ron and Alexandra Seigel !

Oct 05, 2018 02:02 PM
Rainmaker
563,217
Maria Sapio
Keller Williams of Central PA - Carlisle, PA
Real Estate Agent- Carlisle, PA. Mariasapio.com

Thank you Ron and Alexandra Seigel 

Oct 05, 2018 01:54 PM
Rainmaker
705,943
Richard Bazinet /MBA, CRS, ABR
West USA Realty - Scottsdale, AZ
Phoenix Scottsdale. Sellers, Buyers & Relocations

Correct... I just wrote my real estate economic forecast for the next two years  (for my newsletter, social media, blogs...) and it's looking awesome. We have the best American economy we have ever had in a long time. And this will bode well in our real estate market.

Oct 06, 2018 07:43 AM
Rainer
20,325
Romylio "Romeo" Cordoba - NSB Realtor
Adams Cameron and Co. Realtors - New Smyrna Beach, FL
Daytona Beach Real Estate Agent

Yes I have, its great news.

Oct 05, 2018 09:33 PM
Ambassador
3,985,382
Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

We are feeling it here in TN. Employers are having tough times trying to hire laborers. Most businesses have signs on the door about hiring. This will drive up labor cost which will drive up cost of goods. Inflation is on the horizon.

Oct 05, 2018 06:44 PM
Rainmaker
513,308
Rose Mary Justice
Synergy Realty Pros - Dandridge, TN
Synergy Realty Pros

Wonderful news for the economy.  I know THDA interest rates went up today.  That will have a definite impact on Morristown Buyers.

Oct 05, 2018 06:40 PM
Rainmaker
795,876
Kasey & John Boles
Jon Gosche Real Estate, LLC - BoiseMeridianRealEstate.com - Boise, ID
Boise & Meridian, ID Ada/Canyon/Gem/Boise Counties

I did see an article with a headline about that Ron and Alexandra Seigel . I didn't read it. Thanks for sharing the info. -Kasey

Oct 05, 2018 05:19 PM
Rainmaker
68,559
Ricardo Mello
Manhattan Miami Real Estate - Manhattan, NY
Manhattan & Miami Real Estate Agent

Great new....;0

 

Oct 05, 2018 01:35 PM
Rainmaker
1,593,553
Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West & Lend Smart Mortgage, Llc. - Carlsbad, CA
Presence, Persistence & Perseverance

Yet with these positive numbers, the equities markets still reset Thursday and Friday. Let's see what the FED does over the next 12 months with interest rates. That will control  to a higher degree.

Oct 06, 2018 07:39 AM
Rainmaker
893,554
Diana Zaccaro
Tropical Beachside brokered by eXp - Cocoa Beach, FL
"The Accidental Blogger" Cocoa Beach, Florida

Here's a link to the report. Under "Geographic Information" you can click on your area of the country for area specific information.    

Bureau of Labor Report October 5, 2018

Oct 05, 2018 10:44 PM
Rainmaker
3,985,581
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Even if thigs slow down there are plenty of buyers to keep the industry onn the plus side

Oct 05, 2018 07:08 PM
Rainmaker
3,506,686
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Yes... so long as there are houses to purchase. Lack of inventory and lack of affordability could still impact real estate, especially for first time buyers.

Oct 05, 2018 12:42 PM
Rainmaker
4,798,831
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

I hope so.

Oct 06, 2018 06:24 AM
Rainmaker
1,052,449
Kevin J. May
Florida Supreme Realty - Hobe Sound, FL
Serving the Treasure & Paradise Coasts of Florida

This represents the span of my entire working life in my early teens. Feels good!

Oct 06, 2018 03:49 AM
Ambassador
1,706,708
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

Hate to be a pessimist but wages are flat and 68% of millennial's regret purchasing a home. 

Oct 05, 2018 07:08 PM
Rainmaker
823,160
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

We THINK we know what the numbers are behind the 'UNEMPLOYMENT RATE."  But what happens to the individual who did not find employment in 6 months? That is important to know.

Oct 05, 2018 06:13 PM
Rainmaker
883,154
Jennifer Mackay
Counts Real Estate Group, Inc. - Panama City, FL
Your Bay County Florida Realtor 850.774.6582

Agreed - after all we do have a real estate developer as the President!

Thank you Donald J!

Oct 06, 2018 07:27 PM
Rainmaker
3,962,062
Dorie Dillard CRS GRI ABR
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
Serving Buyers & Sellers in NW Austin Real Estate

It is good news..wages here seem to be going up as well.

Oct 06, 2018 03:10 PM
Rainmaker
1,363,351
Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

Only time will tell. 

Oct 06, 2018 02:17 PM
Rainmaker
776,542
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

Yes, it's good that unemployment rate is 3.7%, but home/condo sales are also down in areas affected by new tax laws and by rising interest rates (e.g. NY, CT). Banks are laying off mortgage bankers due to low new purchase and refinancing demand.

Oct 06, 2018 09:40 AM
Rainmaker
2,888,301
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

Only time will tell. 

Oct 06, 2018 09:06 AM
Rainmaker
1,307,952
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

That is great news!  Making America Great Again for sure!

Oct 06, 2018 08:59 AM
Rainmaker
3,485,861
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

I hope it is but we do not need interest rates to increase

Oct 10, 2018 07:29 PM
Rainmaker
4,394,814
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

That is always good news.  Denver enjoys a very low rate, about 1% lower than the national rate.

Oct 10, 2018 06:44 AM