Looking At Employment And Permits
In this episode of Behind the Doors, the hosts explore the importance of tracking employment growth and housing permits as key indicators of real estate market trends, leveraging insights from the highly respected John Burns Real Estate Consulting reports. They discuss how employment growth reflects economic health and impacts housing demand, emphasizing that understanding these trends is crucial for long-term real estate planning. Additionally, they explain how housing permits provide a predictive measure of market growth, linking new construction to economic activity and addressing the U.S. housing shortage. With expert commentary on interpreting these data points and using them to mitigate risks, this episode offers actionable advice for navigating changing real estate markets.
